6609 Clayton Rd Clayton, MO 63117
- Commercial real estate
- 4,864 SF
Current Use by Public Records
- Commercial real estate
Property Details for 6609 Clayton Rd
- Year built
- 1930
- Property size
- 4,864 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a meticulously renovated four-unit apartment building situated in the highly desirable Clayton, Missouri area. The property, located at 6609 Clayton Road, boasts 4,864 square feet of net rentable space, spread across two stories in a single building. Built in 1930 and completely renovated in 2018, this Class A multifamily property offers a blend of historical charm and modern amenities. The comprehensive 2018 renovation included a complete gut rehab, encompassing upgrades to plumbing, electrical systems, HVAC, roofing, windows, and cosmetic finishes. Currently operating at 100% occupancy, the property features four units, each offering in-unit laundry, and commands a price per unit of $231,250. The asking price for the entire property is $925,000, translating to a price per square foot of $190.17. This stabilized investment presents an opportunity to capitalize on below-market rents with potential for future increases. The property's prime location offers convenient access to SSM St. Mary's Hospital, the vibrant DeMun neighborhood, Schnucks grocery store, and a wealth of other neighborhood amenities. Eight off-street parking spaces further enhance the property's appeal. This turnkey property is ideal for owner-occupants or investors seeking a stable and potentially high-return investment in a coveted Clayton location. The zip code is 63117.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.3146881
- Latitude
- 38.6346806
