This package of 14 single family homes in St. Louis, County, MO, has everything you're looking for: • Average rent is $1695/month • 85% of leases are Sec 8 • Estimated 11.24% cap rate • Thirteen of the 14 properties are leased. • Pre-listing inspections have been completed on all properties and 360 virtual tours are available on 13 of the homes. • Average tenant tenure of almost 6 years across occupied units, with two tenancies exceeding 10 years. Priced at $1,500,000, this package has $285,000 in projected annual gross rental income. This is an opportunity to secure scale, established rental income, and long-term potential in a single transaction. All 14 properties have undergone pre-listing inspections by an ASHI-certified inspector, providing buyers with additional insight into the condition of each home. Virtual 360 tours are also available on 13 of the 14 homes. The portfolio is offered as-is, with pricing reflective of the existing property conditions. No seller financing is available.
Listing courtesy of Malinda Terreri. Terreri Team Realty LLC
Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
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