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.
0 Bed
0 Bath
0 sq.ft
$87 per sq.ft
$ 6,500,000
Expired
698
24063173
0
0
South Kinloch Park Second Add
Kinloch
Ferguson-Florissant R-II
St Louis
Commercial Sale
Sale
Commercial Sale
56
Apartment Complex
$43,894
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 |
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