Shaw Portfolio

Highlights:

• Three Updated and Adjacent Buildings in the Heart of Shaw
• Spacious & Renovated Units
• Updated Electric, Plumbing, & Sewer
• Below Market Rents
• Multiple Garages for Off Street Parking & Income
• Great Owner Occupant Opporunity
• Perfect for Midterm Rentals / Near Hospitals
• Available as a package or individually

Description:

Salient Realty Group is pleased to present the Shaw Portfolio, consisting of 14-units across three adjacent buildings on DeTonty Street in the sought after Shaw neighborhood. The portfolio is comprised of a 6-family & two 4-family's. The buildings have been fully updated and have modern electric, plumbing, sewer, and central HVAC. All units are very large at 1,200 to 1,300 SF and either have in-unit laundry or direct basement access on some first floor units to basement hook ups. In place rents are $100 - $200 below market which allows for investors to increase returns. The properties are close to SLU Hospital and Cardinal Glennon Children's Hospital making this a prime candidate for mid term rentals to push rents even higher. Both four families (4006 & 4014 DeTonty) are also great owner occupant / house hack opportunities. The properties are offered as a package or individually.

Only blocks from Tower Grove Park this property is surrounded by local eateries, shops, and cultural attractions, providing tenants with an unparalleled lifestyle.

Just minutes from downtown St. Louis, the building benefits from excellent connectivity to major employment centers, universities like Washington University, Saint Louis University, Harris-Stowe State University, Barnes Jewish Hospital, Wells Fargo, and many others.

With St. Louis's strong job market in healthcare, education, and technology, this property stands as a promising investment with potential for steady rental income and appreciation.

Why Invest Here?

- Cultural Richness: St. Louis’s cultural heritage adds value, attracting a diverse tenant pool interested in living in a city with history, arts, and sports.

- Affordability: St. Louis is known for its cost-effective living, which can lead to higher rental yields compared to other major cities.

-Community: The Shaw Neighborhood is very community-oriented that supports tenant retention and community engagement, essential for long-term rental stability.

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