This 10 unit trophy asset is located in the heart of Soualrd and at the center of St. Louis's world famous Mardi Gras.
Most units have been beautifully renovated within the last year and occupancy is currently at 100%.
The property currently brings in over $10,000/m in income and most rents are under market value.
All 10 units could be used as short-term-rentals to maximize income (there are zero hotels in Soulard).
Soulard is popular among St Louis University students, Anheuser-Busch employees, people that work downtown and the entire younger demographic that enjoys A+ walkability and nightlife.
Soulard is booming with tons of development activity, almost no commercial vacancies + still has all of the famous bars and restaurants everyone loves.
Dukes bar is directly catty-corner and has a shuttle that goes to & from every Blues + Cardinals game (~5 min drive).
The unit mix includes one 2b2b, two 2b1.5b, one 1.5b1b, four 1b1b, two studios.