Properties

Residential Income For Sale

7736 Springdale Drive Drive, Normandy, Missouri 63121

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Property Description

Exceptional 69-Unit Multifamily Investment Opportunity adjacent to Major University. Introducing a rare opportunity to acquire a well-maintained, income-producing apartment community strategically located next to a prominent university. Situated on 3.27 acres of landscaped grounds, this rehabbed property (fully renovated in 2016) offers diverse unit mix of 1-bedroom, 2-bedroom apartments and spacious townhomes, appealing to a wide range of renters including students (25% tenant base), families and professionals. Surrounding the community are several major employers providing excellent stability to the occupancy and overall area. Bermuda Heights is being advertised at an 8% cap rate, 8.3% cash-on-cash return and generating excellent six figure cash-flow. Contact us today for financials, rent roll and to schedule a private tour.

Basic Details
Property Type : Residential Income
Listing ID : 25055653
Price : $6,500,000
Square Footage : 55,750
Year Built : 1972
Lot Area : 3.27 Acre
Status : Active
Property Sub Type : 5 Family or More
Roof : Shingle, Pitched/Sloped
Features
Heating System : Forced Air
Cooling System : Central Air
Basement : 8 ft + Pour
Parking : Asphalt
SchoolDistrict : Normandy
Taxes Paid : $0
Utilities : Cable Available
Architectural Style : Apartment Style
Address Map
Mls Area Major : 106 - Normandy
Neighborhood
Elementary School : Jefferson Elem.
High School : Normandy High
High School District : Normandy
Middle School : Jefferson Middle School
Additional Information
Electric : Ameren
Levels : Two
Number Of Units Total : 69
On Market Date : 2025-08-13
Water Source : Public
Construction Materials : Brick, Aluminum Siding
Financial
Tax Annual Amount : 83576
Listing Information
List Agent Mls Id : MZANGARA
List Office Mls Id : AAOA01
Listing Term : 1031 Exchange,Cash,Conventional
Mls Status : Active
Modification Timestamp : 2025-08-13T15:33:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-08-13T15:32:15Z
Residential Income
  • Listing ID : 25055653
  • Square Footage : 55,750
$6,500,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent