Clayton City Ventures Acquires World Trade Center Building And Adjacent Grass Lot For $3.8M
121 South Meramec Clayton, Missouri 63105, USA & 111 South Meramec Avenue Clayton, Missouri 63105, USA
$3,800,000
Building Size
—
Asset Type
Land
Closing
Jul 20, 2023
About this deal
AI
The World Trade Center building at 121 S. Meramec and an adjacent grass lot at 111 S. Meramec in Clayton, MO has been sold for $3.8 million. The buyer, Clayton City Ventures LLC, which is affiliated with Revive Capital, has purchased the property from St. Louis County.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,800,000
- Address: 121 South Meramec & 111 South Meramec Avenue, Clayton, MO
- Market: Clayton, MO
Clayton City Ventures LLC, an affiliate of Revive Capital, has acquired the World Trade Center building and the adjacent grass lot on Meramec Avenue. The sale price for this property transaction was $3.8 million. St. Louis County was the seller of the property.
Players
Clayton Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93