OFF MARKET
6265 Gravois Ave
Saint Louis, MO 63116
Princeton Heights
18 Beds
16 Baths
13,000 sqft (on 0.27 acres)
- 18 Beds
- 16 Baths
- 13,000 sqft (on 0.27 acres)
18 Beds
16 Baths
13,000 sqft
(on 0.27 acres)
Homes for Sale Near 6265 Gravois Ave
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FOR SALE BY OWNER
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Local Information
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Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Calling all rental investors! I've got an AMAZING addition to your portfolio! This 16 Unit Apartment Complex is located at 6265 Gravois Ave in St. Louis. The 16 units have all been recently fixed up and the property is ready to sell.
Details of the Property
-13,000 SQFT
-.27 Acres
-Garden style units
-3 Story Complex
-Complex was built in 1970
-14 units are 800 SQFT with the other 2 at 900 SQFT, making the average unit size 813 SQFT
-The rent is currently $1.18 PSQFT, whereas the comps are at $1.31 PSQFT, providing the buyer room to increase their ROI immediately.
Pros
-The property is worth $1,950,000 and is at a HUGE discount at $1,725,000
-The cape rate of the complex is a stunning 8.2% (4% more than all local competitors)
-EVERY unit has recently been upgraded, including Kitchen/Bathroom Remodeling AND fresh paint.
-The units are currently 100% OCCUPIED! So, you receive IMMEDIATE ROI!
-All units are currently being rented UNDER MARKET AVERAGE!
-These units are larger than any complex on market within a 6 miles radius!
-NO RENOVATIONS ARE NEEDED.
-Complex features a coin operated laundry, providing additional income for buyer.
-Complex resides near a highly visible intersection, offering free advertisement to future tenants.
-Complex features a parking lot for tenants.
This property is priced to sell, so don't miss out on this INCREDIBLE investment opportunity! This is an assignment of contract, cash buyers only.
Contacts
Phone: (440) 413-2743
Email: ryan.doyle.ws@gmail.com
Details of the Property
-13,000 SQFT
-.27 Acres
-Garden style units
-3 Story Complex
-Complex was built in 1970
-14 units are 800 SQFT with the other 2 at 900 SQFT, making the average unit size 813 SQFT
-The rent is currently $1.18 PSQFT, whereas the comps are at $1.31 PSQFT, providing the buyer room to increase their ROI immediately.
Pros
-The property is worth $1,950,000 and is at a HUGE discount at $1,725,000
-The cape rate of the complex is a stunning 8.2% (4% more than all local competitors)
-EVERY unit has recently been upgraded, including Kitchen/Bathroom Remodeling AND fresh paint.
-The units are currently 100% OCCUPIED! So, you receive IMMEDIATE ROI!
-All units are currently being rented UNDER MARKET AVERAGE!
-These units are larger than any complex on market within a 6 miles radius!
-NO RENOVATIONS ARE NEEDED.
-Complex features a coin operated laundry, providing additional income for buyer.
-Complex resides near a highly visible intersection, offering free advertisement to future tenants.
-Complex features a parking lot for tenants.
This property is priced to sell, so don't miss out on this INCREDIBLE investment opportunity! This is an assignment of contract, cash buyers only.
Contacts
Phone: (440) 413-2743
Email: ryan.doyle.ws@gmail.com
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 6265 Gravois Ave
Interior Features |
|---|
Interior Details BasementAdditional StorageNumber of Rooms: 18Storage |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central, OtherHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood, Linoleum Vinyl |
Exterior Features |
|---|
Exterior Home Features Roof: Asphalt, Shake ShingleExterior: BrickLawn |
Parking & Garage Parking Spaces: 12Parking: Off Street |
Property Information |
|---|
Year Built Year Built: 1964 |
Property Type / Style Property Type: ApartmentArchitecture: Other |
Lot Information |
|---|
Lot Area: 0.27 acres |
Additional Information |
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On Site Laundry Available |
Price History for 6265 Gravois Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2021 | -- | Sold | N/A |
| 03/11/2021 | $950,000 | Pending | RE/MAX International #21005148 |
| 02/22/2021 | $950,000 | Listed For Sale | Agent Provided |
| 07/31/2019 | -- | Sold | N/A |
Comparable Sales for 6265 Gravois Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.22 | Apartment | - | 11/13/23 | 2 | 1 | 900 | |
1.40 | Apartment | - | 08/18/23 | 2 | 1 | 2,275 | |
0.57 | Apartment | - | 05/01/23 | 2 | 1 | - | |
1.72 | Apartment | - | 07/21/23 | 2 | 1 | 1,250 | |
1.94 | Apartment | - | 01/23/24 | 2 | 1 | 950 | |
2.15 | Apartment | - | 05/18/23 | 1 | 1,480 | ||
2.42 | Apartment | - | 06/09/23 | 2 | 2,644 | ||
2.47 | Apartment | - | 09/06/23 | 2 | 2 | 1,344 | |
2.66 | Apartment | - | 05/17/23 | 2 | 1 | 2,174 | |
2.61 | Apartment | - | 06/26/23 | 2 | 2 | 1,692 |
Home facts updated by county records
Assigned Schools
These are the assigned schools for 6265 Gravois Ave.
- Buder Elementary School
- PK-5
- Public
- 393 Students
4/10GreatSchools RatingParent Rating AverageBoth of my daughters have been attending Buder for two years now. The teachers are warm and genuinely caring towards their students. They are also quick to communicate updates, cute stories, accomplishments and any issues. My oldest daughter has ADHD and anxiety and all of her educators have advocated for her and helped her receive the services she needs. I am also pleased with how involved the other parents are. There’s a real sense of community.Parent Review2mo ago - Long Middle Community Ed. Center
- 6-8
- Public
- 230 Students
5/10GreatSchools RatingParent Rating AverageLong Middle is a great school. With such a small population, the school is a very tight-knit community. The class sizes are small and have a great teacher to student ratio with the average at about 20. The teachers at this school prepare engaging lessons and are extremely motivated to make sure that all kids succeed.Other Review6y ago - Roosevelt High School
- 9-12
- Public
- 425 Students
1/10GreatSchools RatingParent Rating AverageI am a parent that currently has a student at Roosevelt. I feel it had vastly improved over the years. I attend every parent-teacher conference, email, have one on one talks with the teachers and other staff and everyone I’ve encountered have been very pleasant and helpful. The teachers really want to teach and guide and not just show up for work. I believe the school is overall getting better and offers a lot of opportunities for students for college, trade schools, and social/emotional growth.Parent Review1y ago 
Check out schools near 6265 Gravois Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Princeton Heights
- Lauren S.
- Resident
- 3y ago
"Plenty of walking areas, including the Greenway. There Is a dog park located at willmore park. Multiple parks nearby."
- Cheryl Bracken
- Resident
- 5y ago
"I have lived here for 22 years and love the area and my neighbors. We have long term neighbors, which means something."
- Schlerethc12
- Resident
- 5y ago
"It is very a friendly and quiet neighborhood. Everyone says hi and smiles. Each house has great curb appeal as well. "
- Van H.
- Visitor
- 5y ago
"My aunt lives in this neighborhood, and it is very plesant. I enjoy spending time at her house because of this, great place to live!"
- Theitalian
- Resident
- 5y ago
"good starter homes, priced right. things are close, neighbors helpful and friendly. its Home. been here since 1992, no power outages at this home."
- Schlerethc12
- Resident
- 5y ago
"I think that it is a friendly neighborhood. Everyone seems to enjoy the neighborhood as well and it’s kept up by everyone. "
- Lauren A.
- Resident
- 5y ago
"Quiet, safe area with a nice neighborhood fee. Most homes here are cute and well kept brick bungalows."
- Collin M.
- Resident
- 5y ago
"Perfectly located in between Gravois road and Hampton road. The location could not be more central to all the essentials."
- Jbaker7625
- Resident
- 5y ago
"I don't like where I live. I wake up to a motorcycle sound every morning. I'm trying to move asap."
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Off Market Homes Near 6265 Gravois Ave
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6265 Gravois Ave, Saint Louis, MO 63116 is a 18 bedroom, 16 bathroom, 13,000 sqft apartment built in 1964. 6265 Gravois Ave is located in Princeton Heights, Saint Louis. This property is not currently available for sale. 6265 Gravois Ave was last sold on Apr 28, 2021 for $839,000.