125 Crescent Lake Road
St Clair, MO 63077
- – beds
- – baths
- 18,866 sqft
- ~2 acre lot
- $90 per sqft
- 1986 build
- – on site
This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income). Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price. With its location, updates, 100% occupancy, and NOI, this property has plenty to offer. Ask your agent/broker for the financials located in the supplements.
Last checked:
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Last updated May 8, 2025
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MLS# 25003997 —
The Building
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Year Built:1986
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Number Of Buildings:2
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Construction Materials:Stone Veneer, Brick Veneer, Vinyl Siding
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Architectural Style:Low/1-2
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Number Of Units Total:24
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Security Features:Smoke Detector(s)
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Basement:false
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Above Grade Finished Area:18,866 Sqft
Interior
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Laundry Features:Other
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Fireplace:false
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Living Area:18866
Financial & Terms
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Possession:Close Of Escrow
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Ownership Type:Private
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Listing Terms:Cash, Conventional, Private Financing Available
Location
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Longitude:-90.988464
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Latitude:38.333305
The Property
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Property Sub Type:5 Family or More
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Property Type:Residential Income
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Parcel Number:22-7-350-4-099-028400
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Lot Size Acres:1.5
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Lot Size Area:1.5
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Lot Size Units:Acres
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Lot Size Square Feet:65,340 Sqft
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Lot Size Dimensions:IRR
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Lot Size Source:Public Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (314) 222-0065
- Office phone:
- (314) 222-0065
Taxes
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Tax Year:2023
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Tax Annual Amount:$12,413
Heating & Cooling
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Cooling:Wall Unit(s), Ceiling Fan(s)
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Heating:Baseboard, Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Water Heater
Schools
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Elementary School:St. Clair Elem.
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Middle School:St. Clair Jr. High
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High School:St. Clair High
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High School District:St. Clair R Xiii
The Community
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Subdivision Name:None
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Association Fee Frequency:None
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Pool:No
Parking
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Parking Features:Assigned, Open, Parking Lot
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/25
May 1, 2025
|
Listed / Active | MARIS | $1,700,000 |