Description
A rare opportunity to acquire a fully occupied, four-unit apartment complex offering immediate income and long-term upside in the St. John rental market. This stabilized asset features permanent tenants and provides much-needed long-term housing. Each apartment includes a private entrance and designated parking. A shared swimming pool, two common laundry areas, and great views--an uncommon combination for long-term rentals--enhance livability and ease of management. The property offers space to add up to three additional rental units, creating a compelling value-add opportunity. Located within walking distance to the town center. Approximate 5% cap rate. Financials and video tour available upon request prior to showings.
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5BEDS
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0.81ACRES
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4BATHS
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01/2 BATHS
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4,844SQFT
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$320$/SQFT
School Ratings & Info
Description
A rare opportunity to acquire a fully occupied, four-unit apartment complex offering immediate income and long-term upside in the St. John rental market. This stabilized asset features permanent tenants and provides much-needed long-term housing. Each apartment includes a private entrance and designated parking. A shared swimming pool, two common laundry areas, and great views--an uncommon combination for long-term rentals--enhance livability and ease of management. The property offers space to add up to three additional rental units, creating a compelling value-add opportunity. Located within walking distance to the town center. Approximate 5% cap rate. Financials and video tour available upon request prior to showings.
© 2026 St. John Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hanley Team | Farchette & Hanley Real Estate. Data last updated: 2026-03-15T15:55:43.063.