RARE OPPORTUNITY TO OWN 32 UNITS IN SOUTH COUNTY! Watson Village is a garden-style apartment 21,296 sf community situated on 1.05 acres. With considerable renovations completed in 2015 and more recent capital expenditures, Watson Village is a turnkey property with immediate value-add opportunity through rent increases and utility charge-backs. 28 out of 32 units underwent extensive renovations in 2015. The 4 remaining units have plans drawn up with an architecture seal, leaving an investor w/ potential value-add through future upgrades. Located in the village of Marlborough, Watson Village is surrounded by a host of retail shopping, big box stores, and dining options. No occupancy permits required, which means no inspection b/t turnovers). It's less than two miles from Webster University and five miles from Fontbonne University. It's centrally located w/in minutes to I-44, I-270, and I-64. It is seven miles south of Downtown Clayton and 11 miles southwest of Downtown St. Louis.
1012 Plummer Drive Suite 301 Edwardsville, IL 62025 618-655-4100
Listed by CBRE Inc., Corey Egan & Matt Bukhshtaber
Sold by CBRE Inc., Corey Egan
Principal & Interest
Monthly Home Ins.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: CBRE Inc.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange