26 single family homes investment package · refinished hardwood floors, added new kitchen floor,...

This package of 26 North County homes has an average rent per property of$897/month which is almost $280,000 in gross annual rental income.

This package is priced at $1,560,000 with a 11.46% cap rate.

26 Single Family Homes Investment Package

Malinda Terreri, Realtor

(314) 4880494 Cell

(800) 9916092 Office

[email protected]

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Map..............................................................3Financial Summary......................................4Address Summary .......................................51457 Widefields Interior Photos...................61134 Reale Interior Photos ..........................9Individual Property Listings........................12Disclaimer..................................................38

Google Spreadsheet:

For a spreadsheet of the properties, please go tohttp://tiny.cc/26pkg

Table of Contents

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Thirteen of the homes are located in the Spanish Lake area (seven homes are onReale Ave) and another eight homes are in Northland Hills (Dellwood) area so youwon’t be driving all over town to manage these properties.

About half of the homes are brick and sixteen of the homes have garages. All have fullbasements.

Map

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Financial Summary

Sales Price $1,560,000Annual Gross Rent $279,840Annual Taxes $ 24,826Annual Insurance (Actual) $ 12,564Annual Maintenance (Actual) $ 10,723Annual Sewer (Actual) $ 16,620 Vacancy 5% $ 13,992Property Management 8% $ 22,387

Annual Net Rental Income $178,728Cap Rate 11.46%

Seller is currently paying the sewer but said it would not be difficult to haveSection 8 increase the utility allowance to cover the sewer expense.

There are currently two vacant properties that he seller is working on leasing.

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Address Summary

Address Municipality Zip Code Subdivision

418 Jehling Dr Ferguson 63135 Hooker Terrace

9701 Glen Owen Dr Unincorporated 63136 Glen Owen

9426 Westchester Dr Jennings 63136 Hathaway Hills 4

1523 Fir Dr Ferguson 63136 Northland Hills

1533 Chesley Dr Dellwood 63136 Northland Hills 4 1

1537 Chesley Dr Dellwood 63136 Northland Hills 4 1

1570 Champlin Dr Dellwood 63136 Northland Hills 4 1

10301 Ittner Dr Dellwood 63136 Northland Hills 4 3

10331 Ittner Dr Dellwood 63136 Northland Hills 4 3

10308 Deem Dr Dellwood 63136 Northland Hills 5

10504 Olney Dr Dellwood 63136 Northland Hills 6

9916 Norwich Dr Bellefont Nghbr 63137 North Hills Gardens

9481 Adler Ave Bellefont Nghbr 63137 St Cyr Hills 2

1457 Widefields Ln Unincorporated 63138 Broadlawns 5

1466 Widefields Ln Unincorporated 63138 Broadlawns 5

12355 Pinta Dr Unincorporated 63138 Columbia Hills

1072 Prigge Rd Unincorporated 63138 Larimore Estates 1

1134 Reale Ave Unincorporated 63138 Northdale

1136 Cove Ln Unincorporated 63138 Northdale







1359 Cove Ln Unincorporated 63138 Northdale 2

Google Spreadsheet:

For a spreadsheet of the properties, please go tohttp://tiny.cc/26pkg

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Interior photos of1457 Widefields

Additional detailsregarding thisproperty are onpage 24.

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Interior photos of1134 Reale.

Additional detailsregarding thisproperty are onpage 29.

Address: 418 Jehling Dr, St Louis, MO 63135Municipality: Ferguson | Neighborhood: Hooker Terrace

Bedrooms: 3Baths: 1.5Square feet: 962Year built: 1951Basement: FullCooling: CentralGarage Capacity: 1 Car

Rent: $840Taxes: $759Lease expires: 8/31/20

Tenant has rented for 3 years at this property.

Realtor.com value: $56,900Zestimate value: $50,056

Major updates during ownership:

New HVAC, new plumbing stack, new electric panel,new electric to detached garage.

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Address: 9701 Glen Owen Dr, St Louis, MO 63136Municipality: Unincorporated | Neighborhood: Glen Owen

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Refinished hardwood floors, added new kitchenfloor, added new countertop, both bathroom floorsupdated, resurfaced shower tile, added new electricpanel and new garage door.

Address: 9426 Westchester Dr, St Louis, MO 63136Municipality: Jennings | Neighborhood: Hathaway Hills 4

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Bedrooms: 3Baths: 1Square feet: 982Year built: 1952Basement: FullCooling: WindowGarage Capacity: 1 Car




New plumbing stack and refinished hardwood floors.

Address: 1523 Fir Dr, St Louis, MO 63136Municipality: Ferguson | Neighborhood: Northland Hills

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Bedrooms: 3Baths: 1.5Square feet: 1144Year built: 1957Basement: FullCooling: CentralGarage Capacity: n/a




Refinished hardwood floors, new plumbing stack,tiled master bath, added new electric panel.

Address: 1533 Chesley Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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Bedrooms: 3Baths: 1Square feet: 1014Year built: 1957Basement: FullCooling: CentralGarage Capacity: 1 Car




Refinished hardwood floors, new electric panel, vinylkitchen floor, and new garage door.

Address: 1537 Chesley Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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Bedrooms: 3Baths: 1Square feet: 1014Year built: 1958Basement: FullCooling: WindowGarage Capacity: 1 Car


Tenant has rented for 3 years at this property


Refinished hardwood floors, new vinyl kitchen floor,and new tile shower.

Address: 10301 Ittner Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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Tenant has rented for 1 year at this property.


Furnace, Acoil, both plumbing stacks, refinishedhardwood, tile kitchen floor, tile shower and bathroom floor, new roof, new electric panel, newcounter top and base cabinets.

Address: 10331 Ittner Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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Bedrooms: 3Baths: 1Square feet: 1014Year built: 1958Basement: FullCooling: CentralGarage Capacity: n/a

Rent: $860Taxes: $1086Lease expires: MTM



Refinished hardwood floors, installed new HVACand a new electric panel.

Address: 10308 Deem Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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New electric panel, new garage door, and refinishedhardwood floors.

Address: 10504 Olney Dr, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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Refinished hardwood floors, tile bathroom floor, newfurnace, and new flat roof on awning.

Previous owner installled new electric panel.

Address: 1570 Champlin, St Louis, MO 63136Municipality: Dellwood | Neighborhood: Northland Hills

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All HVAC, new plumbing stack, new tile shower, newelectric panel, new water heater, and refinishedhardwood floors.

Address: 9916 Norwich Dr, St Louis, MO 63137Munic: Bellefont Nghbr | Neighborhood: North Hills Gardens

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New electric water heater.

Address: 9481 Adler Ave, St Louis, MO 63137Munic: Bellefont Nghbr | Neighborhood: St Cyr Hills 2

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Refinished hardwood floors, new water heater.

Address: 1457 Widefields Ln, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Broadlawns 5

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Rent: $900Taxes: $1077Lease expires: Vacant


All HVAC, waterproof vinyl flooring throughout, allplumbing, new water heater, new electric panel, andnew bathroom floor.

Address: 1466 Widefields Ln, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Broadlawns 5

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Refinished hardwood floors, added new electricpanel, new counter top, and new water heater.

Address: 12355 Pinta Dr, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Columbia Hills

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Installed new HVAC, refinished hardwood floors,

installed new electric panel, new shower valve,

new plumbing stack, new bathroom floor, and

new roof on detached garage.

Address: 1072 Prigge Dr, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Larimore Estates

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Added new plumbing stack, new electric panel, refinished hardwood floors, new water heater, new Acoil and condenser.

Address: 1134 Reale, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Northdale

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Rent: $775Taxes: $739Lease expires: Vacant


New plumbing stack, new electric panel, new waterheater, hardwood, and new counter top.

Full interior photos of this property on page


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All HVAC, plumbing stack, electric panel, tile showerand floor, and refinished hardwood.


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New plumbing stack, new electric panel, refinishedhardwood floors, and new countertop.


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Tenant has rented for 5 years at this property. There is a bonusroom on the back of the home.


Added new vinyl flooring throughout the entirehouse and raised the electric mast.


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Refinished hardwood floors and added newelectric panel.


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Refinished hardwood floors, tile kitchen floor, tilebathroom, new kitchen counter top, new plumbingstack, and all new HVAC.


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Refinished hardwood floors, tiled kitchen and bathroom, new plumbing stack, and new electric panel.

Address: 1136 Cove Ln, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Northdale

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New engineered hardwood, whole new kitchen, tiledbathroom, new plumbing stack, new electric panel,and new HVAC.

Address: 1359 Cove Ln, St Louis, MO 63138Municipality: Unincorporated | Neighborhood: Northdale

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Refinished hardwood floors, installed water proofvinyl floor in kitchen, new condenser and ACoil,new counter top, new tile bathroom, new waterheater, new electric panel, and new plumbing stack.

This information has been obtained from sources believed reliable. While wedo not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to confirm independently its accuracy and completeness. Any projections, opinions, assumptionsor estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you dependson tax and other factors which should be evaluated by your tax, financial, andlegal advisors. You and your advisors should conduct a careful, independentinvestigation of the property to determine to your satisfaction the suitability ofthe property for your needs.

For more information, please contact:

Malinda Terreri, RealtorWorth Clark Realty

(314) 4880494 Cell(800) 9916092 Office

[email protected]

26 single family homes investment package · refinished hardwood floors, added new kitchen floor,...

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