6267 N Hanley Road, Berkeley, MO 63134
sale
$3,995,000
|
Other
Courtesy Of The Hermann London Group
A rare chance to acquire an entire 16-building duplex community on Jo Court in Berkeley. The 32 two bedroom, one bath homes pair the familiar feel of individual residences with the scale of a multifamily investment. All 16 buildings underwent documented roof restoration in 2024, including new decking, architectural shingles and weather protection. The supplied rent schedule shows all 32 homes leased, with residents paying electric, gas, water and sewer. At the $3,995,000 offering price, the owner's stated $317,266 net operating income implies an approximately 7.94% cap rate, subject to a buyer's review of leases and expenses.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Appliance: Washer/Dryer
- Appliance: Water Heater
- Appliance: Dishwasher
- Appliance: Free-Standing Electric Range
- Appliance: Refrigerator
- Appliance: Disposal
- Cooling System: Ceiling Fan(s)
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Brick
- Floor Covering: Wood
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 26062626
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