7718-7722 Springdale Dr, Berkeley, MO 63121

$1,990,000

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List Price
$1,990,000
Days on Market
1
MLS#
26062427
Status
ACTIVE
Lot Size
142,615
Acres
3.27
Year Built
1972
Subdivision
Normandy Heights Amd
Municipality
Berkeley
County
St. Louis
Listing Type
Commercial

Property Description

Hermann London Commercial presents Bermuda Heights Townhomes, a 14-unit investment offered at $1,990,000 in Normandy, Missouri. Located at 7718–7722 Springdale Drive, the property features three two-story buildings on approximately 0.68 acres, with all residences offering two bedrooms and 1.5 baths. The rent roll shows all 14 townhomes occupied, with monthly contract rents totaling $18,190 and averaging approximately $1,299 per residence. Positioned approximately one mile from the University of Missouri–St. Louis, with access to MetroLink and Interstate 70, the property serves a broad renter base of students, university staff, and regional workers. This manageable townhome investment combines established rental income, an appealing residential layout, and opportunities for continued rent growth through renewal management and selective improvements.

Additional Information

Cooling
Ceiling Fan(s), Central Air
Selling Terms
1031 Exchange, Cash, Conventional, FHA, VA Loan

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Listing courtesy of The Hermann London Group LLC.

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