ATTENTION INVESTORS! Rare opportunity to acquire an 11-property single-family home portfolio in North St. Louis County for just $200,000, approximately $18,182 per door. This package includes nine properties located in the 63137 zip code, one property in 63136, and one property in 63135. All properties are being sold AS-IS and require substantial renovation. One property has sustained significant fire damage and will require extensive rehabilitation or potential redevelopment.
This offering is ideal for seasoned investors, rehabbers, contractors, landlords, or investment groups seeking a value-add portfolio with significant upside potential. Whether your strategy is to renovate and hold as long-term rental assets, complete full rehabs for resale, or capitalize on the growing demand for affordable housing in North County, this package presents an opportunity to control multiple properties at a basis that is difficult to replicate in today's market.
The majority of the homes are located within close proximity to one another, creating potential efficiencies for acquisition, renovation management, maintenance, and future portfolio operations. Investors familiar with the North County market will recognize the opportunity to create substantial equity through strategic renovations and property management.
Properties are being sold as a package only. Seller will not separate properties. Buyers are encouraged to perform all due diligence regarding condition, occupancy status, utility status, municipal requirements, code compliance, rental licensing, and renovation costs prior to submitting an offer.
Portfolio includes the following MLS addresses: #26040035 (this listing), 10609 Spring Garden Dr 63137, 9809 Jeffrey Dr 63137, 455 Midlothian Rd 63137, 288 Habecking Dr, 63137, 221 Roderick Dr 63137, 200 Cameron Rd 63137, 10546 Spring Garden Dr 63137, 249 Grampian Rd 63137, 5220 Hodiamont Ave 63136, and 6129 Dupree Ave 63135.
Copy and past this link to review all of the listings: https://drive.google.com/file/d/1tlU46X2ChF711gZScQeX_c_XFNJRoZvq/view?usp=sharing
All information is believed reliable but not guaranteed. No warranties or representations are made regarding the condition of any property. Proof of funds required with all offers. Cash ONLY transaction. Seller prefers a quick closing. Opportunities to acquire 11 single-family homes at an average acquisition cost of approximately $18,000 per property are increasingly rare. Bring your vision, your contractor, and your investment strategy. This is a true value-add portfolio positioned for investors who understand how to unlock equity through renovation and repositioning.
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Zillow last checked:
Listing updated:
Listed by:
Tamika G Evans314-384-2440,
Elevate Realty, LLC
Source: MARIS,MLS#: 26040035Originating MLS: St. Louis Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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