2323 Woodson, Overland, MO
$ 850,000
Property Attributes
  • MLS#23035819
  • TypePending
  • CountyST LOUIS
  • CityOverland
  • AreaRitenour
  • NeighborhoodOverland No 2
  • Zip63114
  • Style
  • Year Built1959
  • Taxes$ 9870
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

Great opportunity to acquire 2323 Woodson, a 12-unit apartment complex property located in the heart of Overland. The property is currently performing very strong with an in-place cap rate of 8.95%, but also has potential for even more upside through increasing rents to market rate and implementing utility charge backs - resulting in a 10.79% proforma cap rate. All units except for studios have laundry hook ups. Majority of the laundry machines are seller owned. All non studio units have central HVAC. Studios have window AC units and forced air heat. The property also has 13 parking spaces.

Elementary School Middle School High School
Iveland Elem. Hoech Middle Ritenour Sr. High
Price History
6/22/2023 Listed $895,000
6/26/2023 6% - $850,000

General Features

Attached Garage No
City Overland
Construction Materials Brick
Cooling Electric, Window Unit(s)
County St Louis
Days on Market 126
Directions GPS
Disclosures Unknown, Sellers Discl Not Av
Elementary School Iveland Elem.
Heating Forced Air
High School Ritenour Sr. High
High School District Ritenour
MLS Area Ritenour
Middle/Junior High School Hoech Middle
Net Operating Income 76060
Possession Close Of Escrow
Property SubType Multi-Family 5+
Property Type Commercial Sale
Sewer Public Sewer
Standard Status Pending
Street Name Woodson
Subdivision Name Overland No 2
Tax Annual Amount 9870
Tax Year 2022
Tenant Pays Electricity, Gas
Total Units 12
Township Overland
Year Built 1959
ok to Lease Leases

Interior Features

Heating Y/N Yes
Laundry Features Lndry Connect Sm Un

Exterior Features

Showinginstructions Call Listing Agent
Builder Model Low/1-2
Inclusions Building & Land
Lot Dimensions 100 x 192
Parking Features Space/Unit - 1
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 63114

AVG $150K
AVG $1,699
AVG 58
Data Provided by Inside Real Estate®
Year Built
AVG 1943
AVG 48
Data Provided by Walkscore® not using MLS data