Courtesy: The Hermann London Group LLC
314-802-0797
A rare chance to acquire an entire 16-building duplex community on Jo Court in Berkeley. The 32 two bedroom, one bath homes pair the familiar feel of individual residences with the scale of a multifamily investment. All 16 buildings underwent documented roof restoration in 2024, including new decking, architectural shingles and weather protection. The supplied rent schedule shows all 32 homes leased, with residents paying electric, gas, water and sewer. At the $3,995,000 offering price, the owner's stated $317,266 net operating income implies an approximately 7.94% cap rate, subject to a buyer's review of leases and expenses.
Courtesy: Powerhaus Realty
314-8435959
Share a neighborhood with Boeing, Express Scripts, Amazon, PepsiCo, Schnucks, Performance Food Groups, and University of Missouri St. Louis * C2 Zoning * See attachment for uses * GREAT Warehouse/ Landscaping Center/MULTI-PURPOSE USE * PERFECT for a Hardware Store, Roofing Co, HVAC Co *6000 SQ FT * 4 offices + warehouse with large outside drive on scales * 72 ft of covered truck dock with doors * 29 Ft of outside truck dock * 8 concrete Storage/Landscape bins are 6' tall X 12'wide X 22' Deep each ... or frame them, roof them, & install garage doors for 8 NICE garages ! * LARGE Lot of .8 Acre Is fenced with 8' Chain Link & Paved* NEW 1/2 bath for office * NEW 1/2 bath for warehouse * 23 ft from dock doors to dock * 40'X 23' area above dock converted to offices * 49'X55' area above dock on ware house side * 10' floor to ceiling * Use covered dock area as Garage space for 8 cars * Lot goes entire block from Evergreen to Hancock * Building has been plastered & painted, NEW Thermal Windows * Thermal front door * EZ access to I-70, I-270, I-170 & Airport * Location: Corner Location, High Traffic, Industrial Area * One block to Police Station & City Hall * .3 mile to I-170, 1.7 mile to I-70, 3.6 mile to I-270 * Airport St Louis Lambert International 4 min drive 1.6 mile * Railroad Dhl Supply Chain 5 min drive 1.9 mi
Berkeley is located in Missouri. Berkeley, Missouri has a population of 8,310. Berkeley is less family-centric than the surrounding county with 13.17% of the households containing married families with children. The county average for households married with children is 29.08%.
The median household income in Berkeley, Missouri is $36,050. The median household income for the surrounding county is $72,562 compared to the national median of $69,021. The median age of people living in Berkeley is 33.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 42.3 inches per year, with 12.8 inches of snow per year.
