Single Family for Sale: 4173 Crescent, Out Of Area (BDAR), MO 63129

mls #3562247
$1,849,000
$1,849,000
4173 Crescent, Out Of Area (BDAR), MO 63129
mls #3562247
$1,849,000
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Price:
$1,849,000
$141,000 - 06/11/2024
Est. payment: Skip to Mortgage Calculator

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Type Single Family
City Out Of Area (BDAR)
County Other
MLS 3562247
Status Active Under Contract
DOM 290 days
PRICE REDUCTION -NEW ROOFS - NEW Landscaping and Window Screens - The Southport Office Park located in the heart of Saint Louis at 4173 Crescent Drive. The Southport Office Park consist of 4 separate buildings, two stories each for a total of 28,311 SF of office space. The offices were originally built in 1985 and are 90% leased with a very diverse tenant group which includes; Family Care center, Strategic Technology Group LLC, BKR Design, American Family insurance, Adriatic Home Health LLC, Farmers , Kirkendall Dwyer Law firm, Empowered Health, Forget Me Not Senior Services, Compassionate Health Care of STL, True Vine Counseling Services, and Developing Resource Partners. The Southport Office Complex at 4173 Crescent Drive is being offered at an outstanding basis of $80 per square foot and an in-place cap rate of 8%. With an average weighted lease term of 3 years, below market rent, and 90% occupancy, it offers new ownership significant value-add potential. With new landscaping and window seals along with New Roofs in 2023 this Office complex is ready to cash flow upon purchase.

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Lot & Building Features

Construction Materials Block, Brick
Cooling Central Air
Heating Electric, Forced Air
Sewer Public Sewer
Tax Year 2023
Water Source Public

Price History of 4173 Crescent, Out Of Area (BDAR), MO

Date Name Price Difference
06/11/2024 Price Adjustment $1,849,000 7.09%
05/08/2024 Price Adjustment $1,990,000 7.40%
04/05/2024 Price Adjustment $2,149,000 6.16%
03/08/2024 Listing Price $2,290,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Timothy White
Direct: 314-607-8950
Office
8112 Maryland Ave Suite 400
Saint Louis, MO 63105
607-8950
Listed by Jade Realty, DAVID HOLBROOK 573-336-2041
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6.75%
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4173 Crescent (MLS #3562247) is a single family home located in Out Of Area (BDAR), MO. This property was listed on 03/11/2024 and has been priced for sale at $1,849,000.

Nearby zip codes are 63123, 63125, 63126, 63127 and 63128. This property neighbors other cities such as Affton, Green Park, Mehlville, Oakville and St Louis.

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: Jade Realty