Welcome to this exceptional opportunity to own a 12-unit apartment building located in a prestigious and unique gated community known as Pasadena Hills. Situated in a location near highway access and University Missouri St. Louis, makes it an attractive option for students, faculty and staff. The property offers a range of desirable features that make it an attractive investment including a mix of one, two and three bedroom units with hardwood floors throughout, forced heat, central air, storage, laundry on-site and garage parking. The current rents are below market with rent potential of an additional $6,900 annually. Don't miss out on this chance to own a solid, well constructed apartment building in a gated community with park access.
The median home value in Pasadena Hills, MO is $261,800. This is higher than the county median home value of $248,000. The national median home value is $338,100. The average price of homes sold in Pasadena Hills, MO is $261,800. Approximately 72.25% of Pasadena Hills homes are owned, compared to 24.58% rented, while 3.17% are vacant. Pasadena Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pasadena Hills real estate agent to arrange a tour today!
Pasadena Hills, Missouri has a population of 1,073. Pasadena Hills is less family-centric than the surrounding county with 16.03% of the households containing married families with children. The county average for households married with children is 29.08%.
The median household income in Pasadena Hills, Missouri is $84,375. The median household income for the surrounding county is $72,562 compared to the national median of $69,021. The median age of people living in Pasadena Hills is 50.4 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 43.1 inches per year, with 13.9 inches of snow per year.