75-Unit Condominium Portfolio

Rare opportunity to acquire a portfolio of 75 strategically located condominiums across North St. Louis County. The portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for multifamily investors. It includes 31 Lease-to-Own units and is spread across Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. Tenants gain partial LLC ownership, leading to full condo ownership after 15 years, and cover HOA fees and partial maintenance. Ideal for investors seeking stable returns and long-term growth potential.A rare opportunity to acquire a diversified portfolio of 75 condominiums strategically located across North St. Louis County. This well-performing portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for both seasoned and first-time multifamily investors. Portfolio Composition: 75 condominiums across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. Asking Price: $4,999,000 Current Performance: $70,000 a door, the monthly income is $77,000 at full occupancy with an estimated cap rate exceeding 9.5%. Lease-to-Own Program: 31 units operate under a unique model where tenants gain partial LLC ownership, granting full condo ownership after 15 years of continuous payments. Tenants cover HOA fees and partial maintenance, minimizing owner obligations. Maintenance Advantage: HOA-managed exteriors reduce maintenance expenses and preserve community-wide property value.