This property has a total of 11,536 sq. ft. across three buildings. There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage. All 2-bedroom, 1-bathroom of the units have been recently updated. Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years. Safety is a priority, with onsite cameras located at the complex. The property includes seven basements with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place). The current rents total $8,965/month, with potential for increases. The nearby 2202 Hord, 63136 recently sold for $60,000 per unit, with each unit rented at $605/month.

Ferguson is located in Missouri. Ferguson, Missouri has a population of 18,826. Ferguson is less family-centric than the surrounding county with 12.6% of the households containing married families with children. The county average for households married with children is 29.08%.
The median household income in Ferguson, Missouri is $40,195. 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 Ferguson is 34.2 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 42.2 inches per year, with 13.2 inches of snow per year.