11978 Del Reo Court, Unincorporated, MO 63138

  • $5,300,000

Description

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.

  • Address: 11978 Del Reo Court
  • City: Unincorporated
  • State/county: MO
  • Zip/Postal Code: 63138
  • Area: Larimore Plaza 2

Details

Updated on March 4, 2026 at 4:03 pm
  • Property ID 26012060
  • Price $5,300,000
  • Land Area 0.2017 Acres
  • Garage Size x x
  • Year Built 1971
  • Type Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash,Conventional
  • Cooling Other
  • County St. Louis
  • Property Type Residential Income
  • Elementary School Larimore Elem.
  • Middle School East Middle
  • High School Hazelwood East High
  • Architectural Style Other

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