Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    9

  • Construction Materials

    Brick, Vinyl Siding

  • Other Exterior Features

    Balcony

  • Pool

    Yes

  • Pool Features

    Fenced, In Ground

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,520,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    YES

  • Association Fee

    $7,126

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    OFALLON DIST 90

  • Middle School

    OFALLON DIST 90

  • High School

    OFallon

Property Features

  • New Construction

    NO

  • Association Amenities

    Clubhouse, Parking, Pool

  • Ownership

    Private

  • Water Source

    Public

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Location

County

St. Clair

Elementary School

OFALLON DIST 90

Middle School

OFALLON DIST 90

High School

OFallon

Listing Courtesy of Kevin Beck , Kunkel Wittenauer Group, Inc

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Price Improvement!!

Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention.

Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand.

HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated.

Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.

161-306 Eagle Ridge

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