Santa Ana Apartments — Sale in Saint Ann, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Saint Ann, MO 63074

Description

169-Unit Redevelopment Opportunity in St. Louis MSA | Santa Ana Apartments Santa Ana Apartments was most recently an LIHTC senior-designated multifamily property featuring 169 units and is currently vacant and ready for redevelopment. The property was built in 1972 and contains 124,290 square feet in a 14-story elevator served building on a 1.76 acre lot. This asset provides an exceptional opportunity for investors and developers alike to develop the property to it‘s highest and best use. Santa Ana Apartments offers a rare combination of scale, an existing footprint, and a strategic location that supports a range of reconfiguration opportunities. The property‘s vacant status allows for an immediate redevelopment. Its previous use as an affordable multifamily complex suggests a strong underlying need for accessible housing in the area, offering a compelling opportunity to reintroduce or re-envision a vital community asset. Potential redevelopment uses are vast, and could include multifamily, senior living and behavioral health. Former property features include controlled access, a community room, fitness center, laundry facilities and 69 off-street parking spaces. Santa Ana Apartments is being sold unpriced. A call for offers date will be announced during marketing.

Market Context

This commercial property in Saint Ann, MO is listed for sale. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Saint Ann, MO — view the full market.

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