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Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 3704 Greenwood
City: Maplewood
State: Missouri
Postal Code: 63143
County: St. Louis
MLS Number: MAR24076340
Year Built: 1971
Courtesy of Salient Realty Group, LLC
City: Maplewood
State: Missouri
Postal Code: 63143
County: St. Louis
MLS Number: MAR24076340
Year Built: 1971
Courtesy of Salient Realty Group, LLC
Courtesy of Apartment Advisors of America