Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.
0 Bed
0 Bath
1,232 sq.ft
$0 per sq.ft
Ranch
$ 1,349,000
Active
0
26041358
0
0
1,232
Godfrey Place Amd
Ferguson
Ferguson-Florissant R-II
St Louis
Residential Income
Ranch
Residential Income
$1,578
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1037 Forestwood Drive, Ferguson, MO 63135 | 3/1 | 960 | $99,900 | $89,000 89.1% of ask |
Sep 2, 2026 |
| 273 Buddie Avenue, Hazelwood, MO 63135 | 3/1 | 864 | $1,595 | $1,570 98.4% of ask |
Sep 1, 2026 |
| 448 Georgia Avenue, Ferguson, MO 63135 | 2/1 | 850 | $69,900 | $62,000 88.7% of ask |
Sep 1, 2026 |
| 1409 Moran Drive, Hazelwood, MO 63135 | 3/1 | 936 | $129,900 | $125,000 96.2% of ask |
Aug 31, 2026 |
| 846 Elsworth Place, Ferguson, MO 63135 | 4/1 | 1,352 | $1,600 | $1,300 81.3% of ask |
Aug 31, 2026 |
| 601 Ruggles Road, Ferguson, MO 63135 | 3/1 | 864 | $1,500 | $1,400 93.3% of ask |
Aug 31, 2026 |
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