The property was built in 1896 for the World's Fair and maintains its historic charm with modern finishes throughout. The building has been revitalized by the current owner & still holds it's historical integrity, while providing the feel of modern city living.
The historical mansion is currently used as a short-mid term rental investment property.
With close proximity to Cortex, Barnes Jewish Hospital, SLU University & the new $616mm Neuroscience building, there are a number of investment strategies that would work well here. Whether that is converting all units to true apartments or continuing to run the property as short-term rentals the property is well situated to fulfill the needs of local students & medical professionals. There is also the option to own & occupy this historic mansion in the highly sought out Central West End.
- Currently performing at a 10.22% Cap Rate
- 6 individual rooms, 1 apartment
Information from Third Parties, Deemed Reliable but Not Verified.
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