Available For Sale - Multifamily

33,753 SF | Show Pricing $

LISTED BY

Mark Zvibleman JD MBA CCIM
SVN | Infinity Commercial Group, 314-878-0303

AVAILABILITY DETAILS

Size
33,753 SF
Price/SF
Show Pricing $
Listing ID
SA529737
Notes
Total of 7 condos, all in the Fountain View building at 7739-49 Kingsbury in Clayton. All units have in-unit washer/dryer, dishwasher, disposal, central HVAC, hardwood floors



Five one-bedroom condo units, +/- 800 SF, with original to the 1998/99 rehab effort, with all white kitchens with laminate counters, cabinets, appliances, etc. 4 of 5 have newer ACs. Condo fee average $930/quarter.



Two units are 2 bed, 2.5 bath w/ study +/-1,567 SF, Recently updated in ~2014 with wood cabinets and stainless appliances. One has a newer ACs while the other has an original. Condo fee average $1750/quarter.



Condo fees cover water, sewer, trash, snow, landscape, management, insurance, ext. maintenance, and common area maintenance. Units pay for electricity (all electric heat and water heaters), gas for stove, and internet/cable. The building is insured with a master policy but owners carry individual policies for contents and liability.



With this portfolio are 3 interior spaces (plus a 4th for compact car only) and 2 on the rear driveway exterior. Several tenants park on the street. Each unit has a lower-level storage locker.



The lower level has a full gym w/ sauna and a club room w/ pool table, lounge w/ card table/cable TV, small kitchen. The building has a new TPO flat roof installed in the fall of 2020.

Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Mark Zvibleman JD MBA CCIM, SVN | Infinity Commercial Group
BRE# 1999023724