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Oakview Apartments 1014-38 Oakview Pl 36 Unit Apartment Building $4,450,000 ($123,611/Unit) Saint Louis, MO 63110
Investment Highlights
- Prime location just south of Forest Park, which is known as the “Heart of St. Louis”
- 100% occupied all one bedroom + one bathroom floor plans
- Five units feature kitchens with classic finishes, allowing future ownership to add value through additional upgrades.
- Near historic Dogtown neighborhood well-known for its history, culture, and annual St. Patrick’s Day Parade
- All 36 units have in-unit washers & dryers & hardwood floors
- Below market rents - $190/month per unit in avg. rent upside
Executive Summary
Price Reduced - The property consists of three all-brick buildings featuring 36 one-bedroom, one-bathroom units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street
parking in the parking lot behind in the rear of the buildings.
parking in the parking lot behind in the rear of the buildings.
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Property Facts
| Price | $4,450,000 | Building Class | C |
| Price Per Unit | $123,611 | Lot Size | 0.71 AC |
| Sale Type | Investment | Building Size | 23,400 SF |
| No. Units | 36 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1927/2022 |
| Apartment Style | Low-Rise | Parking Ratio | 3.08/1,000 SF |
| Zoning | G | ||
| Price | $4,450,000 |
| Price Per Unit | $123,611 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 23,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1927/2022 |
| Parking Ratio | 3.08/1,000 SF |
| Zoning | G |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | - | 530 - 550 |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 4002-00-0141-1 | Improvements Assessment | $335,580 |
| Land Assessment | $55,930 | Total Assessment | $391,510 |
Property Taxes
Parcel Number
4002-00-0141-1
Land Assessment
$55,930
Improvements Assessment
$335,580
Total Assessment
$391,510
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