7718-7722 Springdale Drive, Berkeley, MO 63121
sale
$1,990,000
|
Other
Courtesy Of The Hermann London Group
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Stone
- MLSID: 26062427
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