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Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.

26045194 MLS ⋅ COMING SOON Status

Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.

245 Chambers Rd, Riverview

Woodknoll Townhomes is a 150-unit apartment community located in St. Louis, Missouri. Built in 1971, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 2-bedroom and 3-bedroom units. Unit amenities include full basements with finished entertainment space and utility area with washer/dryer hookups, linen closets, updated flooring, and newer windows.

25078567 MLS ⋅ ACTIVE Status

Woodknoll Townhomes is a 150-unit apartment community located in St. Louis, Missouri. Built in 1971, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 2-bedroom and 3-bedroom units. Unit amenities include full basements with finished entertainment space and utility area with washer/dryer hookups, linen closets, updated flooring, and newer windows.

9192 Vanity Fair Dr, Bel Ridge