This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after neighborhoods known as Southwest Garden Neighborhood. The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including quartz/granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, plug-and-play solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.
Listed By
Agency Name: Apartment Advisors of America LLC
Shown By
Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200
Estimated Payment
$ 4,011.04 per month $3,541.29 Principal & Interest $280.17 Property Tax $189.58 Homeowner's Insurance
4955 Magnolia Avenue | MLS# 26024491
This multi-family property located at 4955 Magnolia Avenue , Saint Louis, MO 63139 is currently listed for sale with an asking price of $650,000. Magnolia Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.redkeystlouis.com today.