Sunnyland Apartments — Sale in Jennings, MO

  • Price: $4.1M
  • Listing type: For sale
  • Asset type: Business
  • Location: Jennings, MO 63136

Description

60-Unit Value-Add Multifamily Community in St. Louis MSA CBRE is pleased to offer for sale Sunnyland Apartments (the “Property”), a 60-unit apartment community located in St. Louis, Missouri. Built in 1962-1966, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. Sunnyland Apartments features 1- and 2-bedroom apartments (Group A) and 3-bedroom townhomes (Group B) with a variety of floor plans.

Market Context

This commercial property in Jennings, MO is listed for sale at $4,100,000. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Jennings, MO — view the full market.

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