Welcome to this exceptional opportunity to own a 12-unit apartment building located in a prestigious and unique gated community known as Pasadena Hills. Situated in a location near highway access, major employment and University Missouri St. Louis. The property offers a range of desirable features that make it an attractive investment including a mix of one, two and three bedroom units with hardwood floors throughout, forced heat, central air, storage, laundry on-site and garage parking. The financials are very impressive and attactive while being offered at an 8.64% cap-rate and 9.61% cash-on-cash return. Don't miss out on this chance to own a solid, well constructed apartment building in a gated community with lake and park setting.
Lot & Building Features
AppliancesGas Water Heater
ArchitectureLow/1-2
ConstructionBlock, Concrete, Brick Veneer
CoolingCeiling Fan(s), Electric, Central Air
HeatingForced Air, Natural Gas
Parking DescriptionGarage, Parking Lot, Open
SewerPublic Sewer
Tax Year2024
Taxes Paid$9,387
WaterPublic
Windows And DoorsWindow Treatments
Community and Schools
Elementary SchoolLucas Crossing Elem. Complex
Junior High SchoolLucas Crossing Middle
Senior High SchoolNormandy High
Price History of 7249 Pasadena Boulevard, Pasadena Hills, MO
Date
Name
Price
Difference
04/07/2025
Listing Price
$815,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Listed by Apartment Advisors of America LLC, Michael Zangara
$
20%
1.1517791411043%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
7249 Pasadena Boulevard (MLS #25021460) is a residential income listing located in Pasadena Hills, MO.
This is a residential income listing with a lot of 23,522 sqft (or 0.54 acres). This property was listed on 04/07/2025 and has been priced for sale at $815,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Apartment Advisors of America LLC
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