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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.
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
Monthly Cost Estimate
$26,736/mo
20% down · 6.5% · 30 years
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.
























