Back to Search Results

5500 Mable Avenue, Kinloch, MO, 63140

We are pleased to offer for sale Suburban Heights, a 103-unit value-add multifamily community located in St. Louis, Missouri. Suburban Heights consists of six buildings totaling 103 units. Built in 1969 and renovated in 2016, the property includes 8 one, 48 two, and 47 three-bedroom floor plans with in-unit washers and dryers. Suburban Heights has been a strong performer with 92.2% occupancy. Average rents are $805; $124 below comparable product in the area. The property has an amenity package including fully-gated community, key-fob access, ample off-street parking, manicured landscaping, and a pet friendly community. The property is located with 5 miles of St. Louis Lambert International Airport and less than two miles from The University of Missouri St. Louis (UMSL) campus.

Subdivision: South Kinloch Park Second Add

List Price

$ 6,500,000

Status

Expired

Days on market

698

MLS#

24063173

Bedrooms

0

Full baths

0

Subdivision

South Kinloch Park Second Add

Municipality

Kinloch

School District

Ferguson-Florissant R-II

County

St Louis

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

56

Conditions

Apartment Complex

Additional Information

Property Tax (2023)

$43,894

Recent Nearby Sales in 63140

Last 1 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
8601 5th Avenue, Berkeley, MO 63140 0/0 12,650 $325,000 $295,000
90.8% of ask
Apr 30, 2014

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.