This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income). Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price.
With its location, updates, 100% occupancy, and NOI, this property has plenty to offer. Ask your agent/broker for the financials located in the supplements.
Lot & Building Features
Assoc Fee PaidNone
ConstructionBrk/Stn Veneer Frnt, Vinyl Siding
CoolingCeiling Fan(s), Wall Unit(s)
Heat SourceGas
HeatingBaseboard
Parking DescriptionParking Lot, Space/Unit - 2+
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot DimensionsIRR
Community and Schools
Elementary SchoolSt. Clair Elem.
Junior High SchoolSt. Clair Jr. High
Senior High SchoolSt. Clair High
Price History of 125 Crescent Lake Road, St Clair, MO
Date
Name
Price
Difference
01/25/2025
Listing Price
$1,700,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
125 Crescent Lake Road (MLS #25003997) is a multi-family listing located in St Clair, MO.
This multi-family listing is 18,866 sqft and on a lot of 65,340 sqft (or 1.50 acres) and is 39 years old. This property was listed on 01/25/2025 and has been priced for sale at $1,700,000.
Nearby zip codes are 63084. This property neighbors other cities such as Other and Union.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Worth Clark Realty
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