$2,695,000
bedrooms
0
bathrooms
0
square feet
28,256
Acreage
0.51
Open Houses
-
year built
1961
Full Baths
0
Half Baths
0
SRG is pleased to offer this low-rise/garden style 32-unit apartment community to the market. The property offers investors significant rent upside potential compared to submarket averages (up to $359 in rent upside) and a strong mix of primarily two-bedroom units.
There are multiple value-add strategies to maximize returns - raising rents for units in their current condition (low in place rent for 1 bed units is $475 & $600 for 2 bed units); or completing cosmetic updates and adding in-unit laundry which can command much higher rents. Competing submarket rents average $1,204 vs the property's average rent of $845. Please reach out to the brokers for more information.
| Location | |
| Subdivision | Atherton 1 |
| County | St Louis |
| Elementary School | Barbara Jordan Elem. |
| Middle School | Brittany Woods |
| High School | University City Sr. High |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25010459
Listing agent:
Garen Lafser
#2015014613
Listing broker:
Salient Realty Group, Llc
(314) 374-3687
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, February 26 2025 at 9:39 p.m. EST
Kotohomes National