Single Family Home, USA, St. Louis, MO, RealT
Property Type : Single Family Home
Price per Token : $50.63
Return Cash (exp) ? : 9.15%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1.5 Bath
Total Property Value ? : $88,602.50
Total Number of Tokens : 1,750


11949 Del Reo presents an enticing investment opportunity in the serene St. Louis suburb of Spanish Lake. This ranch-style single-family residence, on a spacious 9,492 square-foot lot, offers 3 bedrooms and 1.5 bathrooms, providing a comfortable and spacious living environment. The 2-car attached garage adds to the home’s convenience and functionality.

Larimore Park, adjacent to Del Reo, spans 700 acres, offering diverse outdoor activities like hiking, camping, fishing, and picnicking. The park features notable landmarks, including a scenic overlook and a historic stone bridge from the 1800s. The community is enriched by the Assembly Hall of Jehovah’s Witnesses, Larimore Elementary School, and the St. Louis Zoo. Post-WWII housing demand led to the development of numerous homes, resulting in a varied architectural landscape featuring small to mid-sized ranch-style, Colonial Revival, Cape Cod, and Tudor-inspired residences.

To its 9.15% expected rental income and affordable acquisition price of $72,000, Del Reo adds a designated $2,500 renovation budget to ensure the property’s sustained appeal, focusing on gardening and deferred maintenance for the comfort of its tenants.




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