Rare opportunity to purchase and renovate three buildings with twelve total units just minutes from Highway 55 in Arnold. Average rents in the area for 2 bedroom, 1.5 bathroom apartments exceed $1,100/m, but current rents across the occupied units average less than $800 per month. Add a bedroom to the walkout basement of each unit and rents could go even higher. Option to finance with three conventional loans or one commercial loan. Price is for one building. Please do not disturb tenants. Sold as-is. Additional information and photos available.
Lot & Building Features
Parking Description:Off Street
Lot Dimensions:70x75 ft
Community and Schools
Elementary School:Clyde Hamrick Elem.
Junior High School:Ridgewood Middle
Senior High School:Fox Sr. High
Price History of 29 Crosswinds Drive, Arnold, MO
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Listed by Nichols & Associates Real Esta, Brian Nichols
Principal & Interest
Monthly Home Ins.
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