Courtesy: Salient Realty Group, LLC
314-374-3687
Calling all investors! Don't miss out on this rare multi-unit investment opportunity in Hazelwood, MO. This offering includes 35 total units within the desirable Morningside Condominiums, consisting of 32 spacious 2-bedroom, 1.5-bath condo units and 3 additional 1-bedroom, 1-bath apartment style units. The 2-bedroom condos feature generous layouts and have in-unit washer and dryer located in the basement, providing added convenience and tenant appeal. Units are notably spacious, offering more living space than typical comparable properties. This is a low maintenance, stable asset with strong rental demand and immediate value-add potential through rent increases. This is a unique opportunity to acquire a well=performing multifamily portfolio in a solid Hazelwood location, ideal for investors seeking cash flow and upside.
Courtesy: CBRE Inc.
655-6000
Morningside Condominiums is a 66-unit apartment community located in St. Louis, Missouri. Built in 1967, the Property offers an investor the rare opportunity to acquire a well-maintained stabilized asset with proven operating performance and tremendous upside potential. Most units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 1 bedroom, 1 bath and 2 bedroom, 1.5 bath apartment homes. Unit amenities include fully-equipped kitchens with double wall ovens, linen closets, newer windows, private patios, and full basements, each designed with finished entertainment space, and utility area with washer/dryer hookups.
Courtesy: MORE, REALTORS
314-414-6000
*** Tenant Occupied Investment Property Package *** Four Single Family Homes Available located at: 230 Anistasia Dr, 63135 ($1,375/mo). 2367 Collett Dr, 63136 ($950/mo). 10023 Bon Oak Dr, 63136 ($1,150/mo). 10030 Mccartney Ln, 63137 ($1,200/mo). Shown with Accepted Contract. Call Your Full time Realtor for Questions or to Submit Your Offer Today!
This a rare investment opportunity near the St. Louis airport with unmatched visibility. This 160-unit motel is positioned for continued hospitality use or a conversion into modern studio apartments, with the City of Hazelwood supportive of either direction. Ownership has already invested over $3.5 million in improvements including a new roof, upgraded electrical, updated plumbing, and substantial interior and exterior remodeling now underway. While the project requires completion, the major work is done, creating a turnkey path for its next owner. Located near Boeing's new large-scale facility, the property benefits from strong demand for extended stay lodging and workforce housing, making it an exceptional opportunity for investors and developers.
Courtesy: Genstone Realty
314-398-7778
Welcome to 5127 Ville Donna, a 3-bedroom, 2-bath home in Hazelwood with plenty to offer. The backyard features fruit trees and opens up to the park, giving you plenty of room to enjoy the outdoors. A walk-out basement adds convenience, making it easy to entertain or relax in the yard. Inside, you’ll find a sauna, offering a unique space to unwind. The layout is functional, with bright and spacious rooms throughout.
Courtesy: Invest St. Louis
314-255-5117
This portfolio features seven diligently maintained condos located close to each other in Hazelwood on Sieloff Drive. All 7 units are currently occupied. These condos are all two-bedroom, one-bathroom units with the exception of one 3-bedroom, 1-bathroom unit. Many of these units have had the same tenants for several years and are in good condition. The current monthly rental income totals $63,900 annually with current annual expenses of $21,666, resulting in a net annual income of $42,234. At the current list price, assuming 80% LTV 30yr amortization and 7% rate this condo portfolio is lender friendly, exceeding a 1.5 DSCR. There is potential for even higher net income as the units are currently rented below market rates. Property maintenance is hassle-free with the condo association handling all exterior repairs, landscaping, and parking areas. Amenities include off-street parking, in-unit or on-site laundry, and all-electric utilities, covering water, trash, and gas expenses.
Courtesy: Invest St. Louis
314-255-5117
Portfolio includes seven well-maintained condos across five buildings. The mix features 3 studios, 1 one-bedroom, 2 two-bedroom, and 1 three-bedroom units. The monthly rental income will be $6,225 ($74,700 annually) with expenses at $31,944, resulting in $42,756 net income once 7596 A is rehabbed and leased. At the new price, this investment meets the 1.2 DSCR ratio with 20% down and a 7.5% interest rate. There’s potential for higher income as rents are below market. Exterior maintenance, landscaping, and parking are handled by the condo association. Amenities include off-street parking and laundry options. The all-electric units ensure affordable utility costs, with water, trash, and gas included. Additionally, the hassle-free property management provided by the condo association allows for minimal owner oversight, making it an ideal investment opportunity. This portfolio benefits from proximity to major employers like Amazon and Boeing, making it a desirable location for tenants.
Hazelwood is located in Missouri. Hazelwood, Missouri has a population of 25,466. Hazelwood is less family-centric than the surrounding county with 23.93% of the households containing married families with children. The county average for households married with children is 29.08%.
The median household income in Hazelwood, Missouri is $54,061. 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 Hazelwood is 38.7 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 42.2 inches per year, with 14.4 inches of snow per year.
