This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income). Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price. With its location, updates, 100% occupancy, and NOI, this property has plenty to offer. Ask your agent/broker for the financials located in the supplements.
St Clair Apartment building with 5 apartments, great location with good income and low expenses. Four two bedroom apartments and One one bedroom apartment. Please don't disturb tenants.
16 units all in great condition!! Most units recently remodeled and fresh with new Luxury Vinyl Plank flooring and some with tile. All units central air, PVC plumbing and all units are on circuit breakers! Roof replaced in 2009. Laundry available on site. Large lot with room for more building of units, storage or paid parking!! Please call for a showing, serious buyers only.

St Clair is located in Missouri. St Clair, Missouri has a population of 4,770. St Clair is more family-centric than the surrounding county with 32.28% of the households containing married families with children. The county average for households married with children is 31.33%.
The median household income in St Clair, Missouri is $36,711. The median household income for the surrounding county is $65,263 compared to the national median of $69,021. The median age of people living in St Clair is 38.9 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 44.2 inches per year, with 13.3 inches of snow per year.