$6,080,000
4318 Walker Lane
Normandy, MO 63121 · MLS#: 25068470
Listing brokerage: CBRE · 314-655-6000 · Agent: Matt Bukhshtaber
About this home
76 units, fully renovated in 2015, with all roofs replaced in 2021. Currently 100% occupied. Monthly income is approximately $63,700 with an average rent of $838/unit. Mix of one and two-bedroom units with 53% two-bedrooms. Current rents are $43–$128 below market, providing immediate upside potential. The property is being offered free and clear of debt. The community offers gated parking, shared laundry in each building, and a well-maintained brick exterior. Located directly adjacent to the University of Missouri–St. Louis campus (14,000+ students, 1,000+ faculty), with quick access to I-70, MetroLink, Lambert International Airport, and major employers including Express Scripts.
Property details
- County
- St. Louis
- Subdivision
- George M Moore Sub
- Lot size
- 2.13 acres
- Days on market
- 237
- Heating
- Natural Gas
- Cooling
- Central Air
- Style
- Apartment Style
Schools
- School district
- Normandy
- Elementary
- Jefferson Elem.
- Middle
- Jefferson Middle School
- High
- Normandy High
Location
Listing courtesy of CBRE · MLS#: 25068470. Data provided by MARIS MLS; deemed reliable but not guaranteed.