University Villa Apartments — Sale in St. Louis, MO
- Price: $6.1M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: St. Louis, MO 63121
Photos
Description
76 Unit Value-Add Opportunity with 100% Occupancy, Near University of St. Louis, Missouri CBRE, as exclusive marketing advisor, is pleased to present the opportunity to acquire University Villa Apartments (“the Property”), a 76-unit, garden-style apartment community situated on 2.13 acres in St. Louis, Missouri. Constructed in 1947, 1963 and 1965, and fully-renovated in 2015, the residential property includes 50,000 total square feet of rental space throughout eight buildings. Investors have an opportunity to acquire a well-performing multifamily asset that is primed for rent upside. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases. University Villa Apartments is ideally located with direct access to the University of Missouri-St. Louis campus with more than 14,000 students and ±1,000 faculty. The Property is being sold on a free & clear basis.
Market Context
This multifamily in St. Louis, MO is listed for sale at $6,080,000. Compare it against other multifamily listings for sale in St. Louis, MO — view the full market.
Contact
- Matt Bukhshtaber · 314 655 6060 · matt.bukhshtaber@cbre.com
- Kenin Halilovic · 314 655 5804 · kenin.halilovic@cbre.com
Explore this market
Similar Multifamily Property for Sale in St. Louis, MO
- Soulard 13-Unit Apartment Portfolio — Contact for price · St. Louis, MO
- Linden Apartments — Contact for price · St. Louis, MO
- 3656-60 Bates Street — $750K · St. Louis, MO
- 4054-64 S. Grand & 3465-67 Gasconade — $800K · St. Louis, MO
- The James — Contact for price · St. Louis, MO
- 2000-04 Bellevue Avenue — $3.3M · St. Louis, MO