7736 Springdale Dr Saint Louis, MO 63121
Estimated payment $42,382/month
Highlights
- 3.27 Acre Lot
- No HOA
- Forced Air Heating and Cooling System
About This Home
Exceptional 69-Unit Multifamily Investment Opportunity adjacent to Major University. Introducing a rare opportunity to acquire a well-maintained, income-producing apartment community strategically located next to a prominent university. Situated on 3.27 acres of landscaped grounds, this rehabbed property (fully renovated in 2016) offers diverse unit mix of 1-bedroom, 2-bedroom apartments and spacious townhomes, appealing to a wide range of renters including students (25% tenant base), families and professionals. Surrounding the community are several major employers providing excellent stability to the occupancy and overall area. Bermuda Heights is being advertised at an 8% cap rate, 8.3% cash-on-cash return and generating excellent six figure cash-flow. Contact us today for financials, rent roll and to schedule a private tour.
Listing Agent
Apartment Advisors of America LLC License #2004034100 Listed on: 08/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $83,576
Year Built
- Built in 1972 | Remodeled
Lot Details
- 3.27 Acre Lot
Home Design
- Brick Exterior Construction
- Pitched Roof
- Aluminum Siding
Interior Spaces
- 55,750 Sq Ft Home
- 2-Story Property
- Basement
- Basement Ceilings are 8 Feet High
Bedrooms and Bathrooms
- 83 Bedrooms
- 83 Bathrooms
Schools
- Jefferson Elem. Elementary School
- Jefferson Middle School
- Normandy High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 14H-44-0986
Community Details
Overview
- No Home Owners Association
- 9 Buildings
- 69 Units
Building Details
- 67 Leased Units
- Other Expense $325,324
- Net Operating Income $519,060
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | For Sale | $6,500,000 | -- | $117 / Sq Ft |
Source: MARIS MLS
MLS Number: MIS25055653

APN: 14H-4-4-088-5
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