5315 CABANNE AVE
ST LOUIS, MO 63112
$2,200,000
N/A Beds
0 Baths
31,898 Sq Ft
Status Active
MLS# 24023536
Welcome to the Cabanne Castle! This historic 42-unit (24-1 bed/1 bath and 18-2 bed/2 bath) takeover project that has permits and plans approved (expired need to be renewed) has passed framing inspection and has a ton of upside potential and value add opportunity. The building has passed framing inspection (buyer will need to renew permits) and is ready for MEPs (mechanical, electric, plumbing). Capex updates that have already been done are: new roof, tuck pointing, new windows on rear and sides of building and some duct work ran. This sale also includes the lot 5329 Cabanne which is perfect for additional tenant parking. Value add opportunity by converting basement level into additional apartments, storage or offices. This is an amazing fast track opportunity to quickly take over a historic building. Owner may consider owner financing with a significant down payment and collateral.
Details for 5315 CABANNE AVE
Built in 1925
$69 / Sq Ft
Other
None
35 Days on website
0.69 acres lot
Area Information for 5315 CABANNE AVE
