Multifamily Property with Central
505 N Benton Avenue, Saint Charles, MO 63301
For Sale
New
$2,100,000
A 1970-built residential income property offers central air conditioning.
Property Size11,176 SF
Price / SF$187.90
Days on Market3
Property Features for 505 N Benton Avenue
General Information
Standard status
Size
Property subtype
Net Operating Income
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
Central Air
Low/1-2
Building Details
Year Built
Buildings
Listing Agency:
Apartment Advisors of America LLC
Listed By:
Michael Zangara
(314) 517-0903
Source:
Evrealestate
Added: Nov 13
Changed: Nov 14
Last Checked: Nov 14 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Advisors of America LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 505 N Benton Avenue in St. Charles, Missouri, contains 11,176 square feet. Built in 1970, the building includes central air conditioning and a low-rise exterior configuration.
Access directions reference Highway 70 West and North 5th Street, followed by a left on Clark. The property is in St. Charles County.
Access directions reference Highway 70 West and North 5th Street, followed by a left on Clark. The property is in St. Charles County.
Key Highlights
- 11,176‑square‑foot multifamily property
- Built in 1970
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,118
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,242,360
$2.2M
Cap Rate 7%
$1,601,686
$1.6M
Cap Rate 9%
$1,245,756
$1.2M
Market Conditions
NOI Build-Up for 11,176 SF
Gross rent
$214.6K $19.20/SF
− Vacancy
−$10.7K −$0.96/SF
EGI
$203.9K $18.24/SF
− OpEx
−$91.7K −$8.21/SF
NOI
$112.1K $10.03/SF
Area
St. Charles County, MO
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,242,360
Cap Rate 7%
$1,601,686
Cap Rate 9%
$1,245,756
Alternative Uses
Best Use
Apartment 5plus
$1.60M
$1.40M – $1.87M
NOI $112,118 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.96M
$2.59M – $3.45M
NOI $207,048 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,661
Businesses Nearby
Explore this area
Business Placement
Demographics for 63301, MO
50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - A 1970-built residential income property offers central air conditioning.
Where is this multifamily property located?
The property is located at 505 N Benton Avenue Saint Charles, MO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 11,176‑square‑foot multifamily property; Built in 1970; Central air conditioning
