4653 38Th St St. Louis, MO 63116

This exceptional multifamily investment opportunity presents a portfolio of six buildings comprising 48 apartment units situated in St. Louis, Missouri's vibrant Dutchtown neighborhood. The property is offered at an attractive asking price of $2,500,000, translating to a compelling price per unit of $52,083. The portfolio boasts a strong net operating income (NOI) of $197,577, yielding a 7.9% capitalization rate – a testament to its robust financial performance. The unit mix consists of 32 one-bedroom and 16 two-bedroom apartments, spread across six two-story buildings. This value-add opportunity presents significant potential for increased profitability through strategic renovations and operational improvements. The property is conveniently located at 4653 S 38th St, St. Louis, MO 63116. This portfolio represents a rare chance to acquire a substantial multifamily asset in a desirable location with immediate upside potential. The strong NOI and attractive cap rate make this an ideal investment for experienced multifamily investors seeking a stable and growing income stream. The property's size and unit mix offer excellent diversification and scalability. This is a turnkey opportunity ready for an investor to capitalize on its inherent value and potential for future growth.