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1209 Chambers Rd

Ferguson MO 63135

11536 sq. ft.
41817.6 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This property has a total of 11,536 sq. ft. across three buildings. There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage. 13 of the 2-bedroom, 1-bathroom of the units have been recently updated with one in progress. Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years. Safety is a priority, with onsite cameras located at the complex. The property includes seven basements with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place). The current rents bring $10,045/month. The nearby 2202 Hord, 63136 recently sold for $60,000 per unit, with each unit rented at $605/month.

Features

11536 sq. ft. floor area
41817.6 sq. ft. lot size
Multi-Family

Property history for 1209 Chambers Rd

2019
Sold
Undisclosed
30 Dec 2019 by Michele Araujo, of Old Jamestown Realty, Llc

Happy sellers in Ferguson

94%
94% of sellers in Ferguson reported that their sale price either exceeded or met their price expectations.

Ferguson stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Ferguson over the last 12 months.

Local market activity for multi families in Ferguson

In the last 12 months, 1 multi family similar to 1209 Chambers Rd, have been sold.

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