This property is Off-Market
1528 Locust Street
Saint Louis, MO 63101 ·
100 Units · Multifamily For Sale
SLU Law School Student Housing Opportunity
|No. Units||100||Property Use Type||Investment|
|Building Size||70,000 SF||Commission Split||2%|
|Listing ID: 17540188||Date Created: 02/20/2012||Last Updated: 05/19/2015|
Opportunity to invest in housing within walking distance of the newly relocated Saint Louis University Law School. 100 vacant one-bedroom units, formerly elderly housing, need rehab and modernization to make perfect housing for some of the 1100+ law students moving to downtown St Louis this fall. This offering is for the top eight floors of an architecturally recognized 10 story building, with the first 2 floors being owned and operated by the YMCA. The stunning building has the first 2 floors treated in cut stone. Building windows are evenly spaced and alternate with flat arches and pointed arches. A string course is over the ninth floor and the brick on the 10th floor changes to a diamond pattern. Developers and investors act today.
Located near the "loft" district of downtown St Louis, MO. Walking distance to many downtown attractions such as Washington Avenue Restaurant and Entertainment District, St Louis Public Library, Scottrade Center, Memorial Park, and the soon to open SLU Law school.
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