Property Description

A portfolio of 16 single family homes for sale in North St. Louis County, MO. Average rent is $1,732/month. Fifteen of the 16 properties are leased. The one vacant property should be leased to a Sec 8 tenant by closing. Twelve of the homes have or will have Section 8 leases, four of the homes are market leases. Average tenant tenure of 6 years across occupied units, with three tenancies exceeding 10 years. Sewer amounts for the pro formas were taken from the August 2026 MSD bills to reflect MSD's July 1, 2026 rate increase. Two properties are located in Dellwood, a rent-restricted municipality. No properties are in flood zones. Seller financing is not available. Asking price of $1,799,000 which is an average of $112,438 per property. As part of our pre-listing process, we had inspections completed by an ASHI-Certified inspector on 15 of the 16 homes. The inspections were completed to provide prospective buyers with more detailed information about the condition of the homes. For additional details, including copies of the inspections, please see the pdf in the documents section. This portfolio is being sold as-is with the seller to do no repairs or credits. Please do not walk the properties or disturb the tenants. The tenants are not aware of the sale. Any attempts to access the properties or disturb the occupants will be considered trespassing.

Property Features

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