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$480,000
Est. payment /mo
8,160 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 8,160 sqft
Price per Sqft $58
Subdivision River Road Gardens
MLS Listing ID 25078640
Style Apartment Style
Year Built 1965
Annual Tax Amount $3,805
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type 5 Family or More
Property Description
Mary Lu Apartments 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
Carmel Hills Apartments - MLS 25078729
CBRE is pleased to offer for sale Mary Lu Apartments, a 16-unit apartment community located in St. Louis, Missouri. Built in 1965, 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.
The Property features offers all one-bedroom, one-bathroom apartment homes with amenities including fully equipped kitchens, off-street parking, and second-floor balconies.
Seven Hills Forest - MLS 25078645
Morningside Condominiums - MLS 25078652
Woodknoll Townhomes - MLS 25078567
Carmel Hills Apartments - MLS 25078729
CBRE is pleased to offer for sale Mary Lu Apartments, a 16-unit apartment community located in St. Louis, Missouri. Built in 1965, 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.
The Property features offers all one-bedroom, one-bathroom apartment homes with amenities including fully equipped kitchens, off-street parking, and second-floor balconies.
Location
State MO
County St. Louis
Area 16 - Jennings
Interior
Cooling Central Air
Fireplace N
Exterior
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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