8954 Natural Bridge Road

St Louis, MO 63121

8950 Natural Bridge (duplex), 8954 Natural Bridge (3 units) and 8958 Natural Bridge (6 units + storage unit) are being sold together. Currently this property brings in $7,580/month. $840/month is the Section 8 Fair Market rent for studios and 1beds in this zip code. If all rents were brought to the Fair Market rent for the area, this property would be bringing in $9,500/month. The taxes for all 3 buildings is a total of $12,136. The seller's annual insurance premium is $8,400. The utilities average around $1500/month which comes out to $18,000 annually. If you bring all units to Market Rate rent and account for 5% vacancy, the Proforma NOI is $69,794 which would be over a 11% cap rate at a $625,000 purchase price. All units are occupied, please do not disturb tenants. Units can only be viewed with an accepted contract.

Listing courtesy of The Agency


Based on information submitted to the MLS GRID as of 2025-03-04 01:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.