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$3,120,000
Est. payment /mo
53,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 53,800 sqft
Price per Sqft $57
Subdivision Jennings
MLS Listing ID 25078729
Style Apartment Style
Year Built 1963
Lot Size 4.330 Acres
Acres 4.33
Property Sub-Type 5 Family or More
Property Description
Carmel Hills is part of a larger 344 total unit, five property portfolio. Properties can be purchased individually or as a portfolio.
Seven Hills Forest - MLS 25078645
Morningside Condominiums - MLS 25078652
Woodknoll Townhomes - MLS 25078567
Mary Lu Apartments - MLS 25078640
Carmel Hills Apartments I & II is an 86-unit apartment community located in St. Louis, Missouri. Built in 1963, 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.
Carmel Hills I features all 2-bedroom apartment homes and Carmel Hills II features all 1-bedroom apartment homes. Unit amenities include washer/ fully-equipped kitchens, dryer hookups, walk-in closets, extra storage space, and coin operated laundry services in the basement of Carmel Hills II.
Seven Hills Forest - MLS 25078645
Morningside Condominiums - MLS 25078652
Woodknoll Townhomes - MLS 25078567
Mary Lu Apartments - MLS 25078640
Carmel Hills Apartments I & II is an 86-unit apartment community located in St. Louis, Missouri. Built in 1963, 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.
Carmel Hills I features all 2-bedroom apartment homes and Carmel Hills II features all 1-bedroom apartment homes. Unit amenities include washer/ fully-equipped kitchens, dryer hookups, walk-in closets, extra storage space, and coin operated laundry services in the basement of Carmel Hills II.
Location
State MO
County St. Louis
Area 16 - Jennings
Interior
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Private Pool false
Building
Story 2
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Northview / Gary Gore
Middle Schools Jennings Jr. High
High Schools Jennings High
School District Jennings
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Matt Bukhshtaber • CBRE
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