No Photos

Image 1 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 2 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 3 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 4 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 5 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 6 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 7 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Image 8 - Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA - Apartment for sale

Low/1-2, Apartment Complex

Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA

Low/1-2, Apartment Complex

apartment for sale

22 views

Listed: 02/14/23

Hoech Middle School, Ashby Road, Saint Ann, St. Ann, MO 63074, USA

Studio Bed:

1 Bath:

15,508 Sq Ft Living Area:

Save

Price

$ 1,5M

Show 6 more

About This Apartment

Salient Realty Group is pleased to present this opportunity to acquire the Ashby Heights Apartments, a 20-unit apartment complex property at3225-33Ashby Rd, in St. Louis, Missouri. Ashby Heights offers a tremendous value add opportunity with a proven cosmetic update plan. 6 of the 20 units have already been updated and are experiencing incredible demand from the rental market. Ashby Heights Apartments has an in place cap rate of 7.03% and once the cosmetic update plan has been completed, an 8.40% unlevered yield on cost ($1, 499, 000purchase + $9, 000 x 14 units = $1, 625, 000total cost). The property offers abundant off-street parking (+/- 25 spaces). A new coin operated laundry room has been added to the basement to … Full description

Property Includes

Parking
Air Conditioning
Storage
Heating Forced Air

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Apartments for sale in St. Ann

Similar Apartments for Sale Nearby

$1,6M

Studio

14,000 Sq Ft

Stephan Memorial United Methodist Church, Walton Road, Charlack, Saint Louis County, MO 63114, USA

$1,6M

Available: Right Now

Listed: 09/05/2024

Stephan Memorial United Methodist Church, Walton Road, Charlack, Saint Louis County, MO 63114, USA

House

Studio

14,000 Sq Ft

2 well-kept 8 unit buildings, conveniently located just blocks off I-170 and St. Charles Rock Road. Situated next to a church at the entrance to a well-kept single family neighborhood. Ritenour Middle School is 3 blocks away within the neighborhood. ...

$1,5M

Studio

1903 Ross Avenue, Maryland Heights, MO 63146, USA

$1,5M

Available: Right Now

1903 Ross Avenue, Maryland Heights, MO 63146, USA

House

Studio

Architecture Shed

$1,3M

Studio

10,240 Sq Ft

301 Rue Saint Pierre, Florissant, MO 63031, USA

$1,3M

Available: Right Now

301 Rue Saint Pierre, Florissant, MO 63031, USA

Apartment

Studio

10,240 Sq Ft

Air Conditioning

Parking

Heating Forced Air

Washer

$1,55M

Studio

11,852 Sq Ft

Forest Park Parkway, St. Louis, MO 63018, USA

$1,55M

Available: Right Now

Listed: 09/05/2024

Forest Park Parkway, St. Louis, MO 63018, USA

House

Studio

11,852 Sq Ft

5744-5750Pershing Avenue is an eight unit multifamily property situated within a well-established subdivision in St. Louis City. The buildings were originally constructed in 1916. The property underwent a complete gut rehab in 2003 and additional ren...

$1,6M

Studio

14,835 Sq Ft

3820 Itaska Street, St. Louis, MO 63116, USA

$1,6M

Available: Right Now

Listed: 07/05/2024

3820 Itaska Street, St. Louis, MO 63116, USA

House

Studio

14,835 Sq Ft

3805 and 3821 Itaska are being offered as a package (only) for a total of 24 units, with a Cap Rate at 9.5 based onACTUALrents. Convenient South City location with mature landscaping and sitting right across the street from St. Mary's Baseball field ...