Patton Properties
The Ryan Patton Group, Patton PropertiesPhone: (314) 952-4233
Email: [email protected]

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listing
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Single FamilyFor Sale
$3,105,000
1161 Nectar Drive
St Louis, MO 63137
Courtesy of More, Realtors
MLS: Mid America Regional MLS (MARIS)
3Beds
1Bath
912Sq Ft
Est. Mortgage
$16,127/mo

*** Attention Investors! *** Prime Investment Package of Twenty-Nine (29x), Mostly Section 8 Tenant Occupied, Well Maintained Single Family Residential Properties Generating Approx. $28,700 in Monthly Revenue; However, Fully Loaded Generating Approx. $35,500 in Monthly Revenue Featuring (2x) Four Bedroom, (17x) Three Bedroom, and (10x) Two Bedroom Homes. Presently Twenty-Five (25x) Homes are Tenant Occupied while the Remaining Four (4x) Vacant Properties Maybe Leased Soon. Interior & Exterior Pictures Recently Taken Within Last Two Month for Accurate Conditions. Vacant Properties Available for Showings while Tenant Occupied Homes Shown with an Accepted Offer- Sorry, No Owner Financing. Seller is Looking for $3,105,000 for the Entire Portfolio which is Ideal for an Investor Seeking a Comprehensive and Income-Generating Property Bundle. *** HUD's SAFMRs 2025 Payment Standards Will See an Increase in Monthly Subsidy at Next Lease Renewal. (2BR= $1,170; 3BR= $1,510; 4BR= $1,740) ***

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