8503 Gulf Dr, St. Louis, MO 63130, USA
8503 Gulf Dr, St. Louis, MO 63130, USADescription
- Year built: 1965
- Year remodeled: 2023
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Description:
Offered for sale is this 44 Unit apartment complex located in the heart of the St. Louis MO MSA near Page and I-170. The offering consists of 44 units spread across 11 buildings, on a park like setting of 4.28 acres. The complex is currently 96% occupied providing immediate and stable in place cash flow. All leases are structured on 12 month basis. The property generates approximately $721,000 Annually in gross rents, with additional upside through lease-up and scheduled rent increases for 2026 / 2027.
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