6267 N Hanley RD Berkeley, MO 63134
2.79 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Jo Court
MLS Listing ID 26062626
Year Built 1964
Annual Tax Amount $29,606
Lot Size 2.790 Acres
Acres 2.79
Property Description
bedroom, one bath homes pair the familiar feel of individual residences with the scale of a multifamily
investment. All 16 buildings underwent documented roof restoration in 2024, including new decking,
architectural shingles and weather protection. The supplied rent schedule shows all 32 homes leased,
with residents paying electric, gas, water and sewer. At the $3,995,000 offering price, the owner's stated
$317,266 net operating income implies an approximately 7.94% cap rate, subject to a buyer's review of
leases and expenses.
Location
State MO
County St. Louis
Area 63 - Mccluer
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Laminate, Wood
Fireplace N
Appliance Dishwasher, Disposal, Free-Standing Electric Range, Refrigerator, Washer/Dryer, Water Heater
Laundry In Unit
Exterior
Utilities Available Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Building
Water Public
Structure Type Brick,Vinyl Siding
Others
Ownership Private
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard