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About This Home

This 0-bedroom, 0-bathroom residential multi family at 11978 Del Reo Court in Unincorporated, MO is listed for $4,999,000 ($4,807 per sqft). Built in 1971, the home offers 1,040 sqft of living space on a 0.20 acres lot.

Agent Description

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 multifamily investors.

This Portfolio is composed of 75 condominiums/homes across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. There are 31 Lease-to-Own units operated 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.

Key Features

  • Built in 1971
  • 0.20 acre lot

Property Details

1971

Monthly Cost Estimate

$26,736/mo

20% down · 6.5% · 30 years

Principal$3,615
Interest$21,662
Insurance$1,458

Estimates only. Actual payments may vary.

Location

11978 Del Reo Court

Unincorporated, MO 63138

Larimore Plaza 2

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 11978 Del Reo Court is listed at $4,999,000 ($4,807/sqft). The estimated monthly payment is $21,662 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.20 acre lot.

This property is listed by Mike Shepherd and can be reached at 3146626453 or mikeshepherd1968@gmail.com.

MS

Mike Shepherd

Agent at Invest St. Louis

(314) 662-6453

Listed by Invest St. Louis · View on Broker Site

MLS# 26012060· Source: listhub· Updated today

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11978 Del Reo Court, Unincorporated, MO 63138

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