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Multifamily

7204-7208 Zephyr Place

7204 Zephyr Pl, Maplewood, MO 63143

Listing Price: $1,500,000

Cap Rate
5.99%
Number of Units
12
Occupancy
100.0%
Price/Unit
$125,000
Price/Gross SF
$126.37
Gross SF
11,870

Investment Overview

Built in 1928 and encompassing 0.18 Acres, 7204-7208 Zephyr Place is home to twelve (12) units total. The unit-mix consists of nine(9) 2bedroom/1bathroom units & three(3) 1bedroom/1bathroom market-rate units and totals 11,870 Rentable Square-feet. The building features interior entry units and was constructed with a brick/masonry exterior with a wood-frame. Professionally managed, the interior updates include Luxury Vinyl Plank flooring, updated kitchens and bathrooms, lighting, windows, HVAC, and PVC.

Investment Highlights

  • Premier Multi-Housing Location in the Premier Maplewood, Missouri Sub-Market
  • Recently (2022) Voted the #3 Best Location for Young Professionals in Missouri
  • 100 Percent Occupied, Market-Rate Leases
  • Updated Interiors (Kitchens, Baths, Flooring, Lighting)

Exclusively Listed By

Multifamily

7204-7208 Zephyr Place

Listing Price: $1,500,000

Cap Rate
5.99%
Number of Units
12
Occupancy
100.0%
Price/Unit
$125,000
Price/Gross SF
$126.37
Gross SF
11,870

Investment Highlights

  • Premier Multi-Housing Location in the Premier Maplewood, Missouri Sub-Market
  • Recently (2022) Voted the #3 Best Location for Young Professionals in Missouri
  • 100 Percent Occupied, Market-Rate Leases
  • Updated Interiors (Kitchens, Baths, Flooring, Lighting)

Investment Overview

Built in 1928 and encompassing 0.18 Acres, 7204-7208 Zephyr Place is home to twelve (12) units total. The unit-mix consists of nine(9) 2bedroom/1bathroom units & three(3) 1bedroom/1bathroom market-rate units and totals 11,870 Rentable Square-feet. The building features interior entry units and was constructed with a brick/masonry exterior with a wood-frame. Professionally managed, the interior updates include Luxury Vinyl Plank flooring, updated kitchens and bathrooms, lighting, windows, HVAC, and PVC.

Exclusively Listed By

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