Commercial Partners is offering to well qualified investors an opportunity to acquire a fee simple interest in the property know as River Trace Townhomes, Saint Louis MO. River Trace, a 92 unit townhome community was constructed in the early 1970' s and originally part of the larger current 520 unit Raintree Complex. Today the site features 2 and 3 bedroom, one and half bath spacious units with eat-in kitchens, with refrigerators, dishwashers, garbage disposals and gas/electric ranges. River Trace Townhome Complex provides an investor the ability to obtain attractive income stability from strong, mature tenants secured by highly improved, quality assets at substantially below replacement costs and market rates. River Trace has been positioned to meet FHA refinancing guidelines, has been given preliminary consideration to proceed for HUD financing by LOVE Funding, a MAP approved HUD funding group.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
