Metrovue Lofts on Faraon

Metrovue Lofts on Faraon presents an opportunity to acquire a performing 12-unit building with historic charm that underwent a full gut renovation in 2025. During the renovation all plumbing and electric were redone, a fire sprinkler system was installed, and all units were updated with new cabinets, appliances, fixtures, and bathrooms.

The unit mix includes seven efficient studios, three cozy 1-beds, and two spacious 3-beds. All units have high ceilings, contemporary finishes, and efficient PTAC units for heating and cooling.

The property provides a dedicated parking lot, bike storage, keyless entry, and 24 hour security for the exteriors and common areas.

This property stands out in St. Joseph’s submarket, fueled by demand from Missouri Western State University students and professionals from local employers like Mosaic Life Care and Triumph Foods.

Do not miss the opportunity to add this fully renovated cash flowing property to your portfolio!

Why we love it: A legit in place 7.8 cap! On-site parking and laundry paired with fully renovated units and no capital expenses for years to come. Cash flow like this rarely comes wrapped in such a pretty property.

The Challenge: Stabilized and performing this is a turnkey cash flow play rather than a value-add play. Not everyone loves being so far North of the city but with the growth around the airport this area is getting better and better.

The Value-add Play: Get all units up to market rent and manage for operational efficiency. This one is already stabilized and performing.