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$6,500,000
98 Days Online

1528 James Patrick Lane
Spanish Lake, MO 63138

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1989
Built
Subdivision:
James Town Condo
County:
St Louis

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Call Now: 314-312-1281
Is this the home for you? We can help make it yours.
314-312-1281
1528 James Patrick Lane1528 James Patrick Lane1528 James Patrick Lane1528 James Patrick Lane
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We are pleased to offer the opportunity to purchase The Reserve at Spanish Lake, a 76-unit multifamily property located within steps of Spanish Lake Park in St. Louis, MO (the 20th largest MSA in the country) which has shown strong market rent growth in the past year of 8% and low market vacancy of 6%. The asset has benefitted from a major capital improvement program implemented by the current ownership. It is well maintained with a proven in-place value-add business model, strong positive rent growth, and exhibits sought after features not readily available in the area. With in-place professional 3rd party property management, this property will be a smooth transition option for both local and out-of-town investors. Offering Memorandum and Financial Reports Available Upon Request

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Listing Snapshot
Price 
$6,500,000
Days Online 
98 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1989
MLS Number 
22041169
Status 
Pending
Property Tax 
$28,134
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS
3 weeks agoStatus changed to Pending
3 months agoListing first seen online
General Features
Construction 
Vinyl Siding
Parking 
Parking LotUnassigned
Sewer 
Public Sewer
Water 
Public
Attached Garage 
No
Interior Features
Cooling 
Electric
Heating 
Forced Air
Laundry Features 
Lndry Connect all Un
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Exterior Features
Construction Details 
Brk/ Stn Veneer FrntVinyl Siding
Community Features
Township 
Unincorporated
MLS Area 
Hazelwood East
Schools
School District
Unknown
Elementary School
Arrowpoint Elem.
Middle School
Southeast Middle
High School
Hazelwood East High
Listing courtesy of EXP Realty, LLC

Neighborhood & Commute
Source: Walkscore
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