THE PROPERTY

THE PROPERTY

FOR SALE - 16+ Units

FOR SALE
Walton - 16
Garden UNITS
Apartments
Walton2758
GardenWaltonApartments
Rd.
St. 2758
LouiWalton
s, MORd. 63114
St. Louis,AT:
OFFERED MO$1,295,000
63114

• Two 8 unit Apartment Buildings -

• Two 8 unit Apartment Buildings
Eight 2 BR & Eight 1 BR
• Eight 2 BR & Eight 1 BR Apts
• Nine garages (7 currently rented)
• Nine garages (8 currently rented) for
On site laundry
• additional income

• • On site laundry

• • All brick construction

Current
• • Great Rents for
location andNew Tenants -
visibility
1 Bedroom
• Modern $595
Appliances
2 Bedroom $695
• No smoking and quiet building policy
• Modern Appliances
• Long list of updates
• No Smoking and Quiet Building
• Great floor plans
Policy
Current Rents for New Tenants:
• 1 Bedroom: $695
• 2 Bedroom: $725
For more information contact:
OFFERED AT: $1,295,000

Constantine (Dino) Benos Christopher Tucker

For more information contact:

Cell: 314-504-9043
Constantine (Dino) Benos
Cell: 314-478-1140
Christopher Tucker
Direct:
Cell: 314-446-7552
314-504-9043 Direct: 314-336-1928
Cell: 314-478-1140
Direct: 314-446-7552 Direct: 314-336-1928
cbenos@stlmultifamily.com
cbenos@stlmultifamily.com tucker@realtyexchangeweb.com
tucker@realtyexchangeweb.com

Information contained herein has been obtained from the owner of the property or other sources. The Brokers do not guarantee the accuracy of this information.
Sellers and Brokers make no representation as to the environmental or other conditions of the property and recommend that Purchaser(s) investigate fully.
Information contained herein has been obtained from the owner of the property or other sources. The Brokers do not guarantee the accuracy of this information.
Sellers2203
and Brokers
South make
BignoBend
representation
Blvd. •asSt.
to the environmental
Louis, or other conditions•of1-800-592-4502
MO • 314-647-2220 the property and recommend that Purchaser(s) investigate fully.
• www.realtyexchangeweb.com
 THE PROPERTY

Rent Roll
Monthly Annual
Unit Bedrooms
Rent Rent
A 2BR $645 $7,740
B 1BR Original Tenant $575 $6,900
C 1BR $645 $7,740
D 2BR $675 $8,100
E 2BR $645 $7,740
F 1BR Original Tenant $575 $6,900
G 1BR $645 $7,740
H 2BR $625 $7,500
I 2BR $725 $8,700
J 1BR $605 $7,260
K 1BR $615 $7,380
L 2BR $645 $7,740
M 2BR $645 $7,740
N 1BR Original Tenant $585 $7,020
O 1BR $695 $8,340
P 2BR $725 $8,700

Total $10,270 $123,240

1 @ $115
Garage Rental Storage 6 @ $95 $740 $8,880
1 @ $55

Total Income $132,120

For more information contact:

Constantine (Dino) Benos Christopher Tucker

Cell: 314-504-9043 Cell: 314-478-1140
Direct: 314-446-7552 Direct: 314-336-1928
cbenos@stlmultifamily.com tucker@realtyexchangeweb.com

Information contained herein has been obtained from the owner of the property or other sources. The Brokers do not guarantee the accuracy of this information.
Sellers and Brokers make no representation as to the environmental or other conditions of the property and recommend that Purchaser(s) investigate fully.

2203 South Big Bend Blvd. • St. Louis, MO • 314-647-2220 • 1-800-592-4502 • www.realtyexchangeweb.com
 THE PROPERTY

Income and Expenses

At Current Rent Roll Proforma Rents at $695 1br/$725 2br
Income Income
Rent $123,240.00 Rent $136,320.00
Est. 3% vacancy -$3,697.00 Est. 3% vacancy -$4,089.00
Garage Rent (1@$115, 6@$95, 1@$55) $8,880.00 Garage Rent (1@$115, 6@$95, 1@$55) $8,880.00
Laundry $1,187.00 Laundry $1,187.00
Total Income $129,610.00 Total Income $142,298.00

Expenses Expenses
Property Taxes* $10,709.00 Property Taxes* $11,777.00
Insurance $7,711.00 Insurance $7,711.00
Utilities $11,994.00 Utilities $11,994.00
Cleaning $826.00 Cleaning $826.00
Repairs & Apt Updates $8,543.00 Repairs & Apt Updates $8,543.00
Grounds (Grass, Snow Removal) $1,553.00 Grounds (Grass, Snow Removal) $1,553.00
Miscellaneous $580.00 Miscellaneous $580.00
Capital Purchases (Appliance, Carpet) $1,415.00 Capital Purchases (Appliance, Carpet) $1,415.00

Total Expenses $43,331.00 Total Expenses $44,399.00

Net Operating Income $86,279.00 Net Operating Income $97,899.00
*2020 Tax Bill *2021 Proposed Tax Bill

For more information contact:

Constantine (Dino) Benos Christopher Tucker

Cell: 314-504-9043 Cell: 314-478-1140
Direct: 314-446-7552 Direct: 314-336-1928
cbenos@stlmultifamily.com tucker@realtyexchangeweb.com

Information contained herein has been obtained from the owner of the property or other sources. The Brokers do not guarantee the accuracy of this information.
Sellers and Brokers make no representation as to the environmental or other conditions of the property and recommend that Purchaser(s) investigate fully.

2203 South Big Bend Blvd. • St. Louis, MO • 314-647-2220 • 1-800-592-4502 • www.realtyexchangeweb.com
 THE PROPERTY

Information contained herein has been obtained from the owner of the property or other sources. The Brokers do not guarantee the accuracy of this information.
Sellers and Brokers make no representation as to the environmental or other conditions of the property and recommend that Purchaser(s) investigate fully.

2203 South Big Bend Blvd. • St. Louis, MO • 314-647-2220 • 1-800-592-4502 • www.realtyexchangeweb.com