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$ 1,990,000
Est. payment /mo
Active
7718-7722 Springdale DR Berkeley, MO 63121
3.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Normandy Heights Amd
MLS Listing ID 26062427
Year Built 1972
Annual Tax Amount $44,980
Lot Size 3.274 Acres
Acres 3.274
Property Description
Hermann London Commercial presents Bermuda Heights Townhomes, a 14-unit investment offered at $1,990,000 in Normandy, Missouri. Located at 7718–7722 Springdale Drive, the property features three two-story buildings on approximately 0.68 acres, with all residences offering two bedrooms and 1.5 baths. The rent roll shows all 14 townhomes occupied, with monthly contract rents totaling $18,190 and averaging approximately $1,299 per residence. Positioned approximately one mile from the University of Missouri–St. Louis, with access to MetroLink and Interstate 70, the property serves a broad renter base of students, university staff, and regional workers. This manageable townhome investment combines established rental income, an appealing residential layout, and opportunities for continued rent growth through renewal management and selective improvements.
Location
State MO
County St. Louis
Area 3 - South City
Interior
Cooling Ceiling Fan(s), Central Air
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick,Stone
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Listed by Nidhi Soni • The Hermann London Group LLC