Log In/Sign Up
Your email has been sent.
Auction - Trinity Park | 490 Units | 38% Occ. 11065 Dunklin Dr 490 Unit Apartment Building $3,750,000 ($7,653/Unit) Saint Louis, MO 63138
Investment Highlights
- STARTING BID $3,750,000 | Trinity Park Apartments | 490 Units | 38.7% Occupied | AUCTION MARCH 2-4
- Affordable Program Profile: LIHTC (Section 42) in service 2007/2008 and expires 2037/2038. 436 units restricted at =60% AMI
- Community Amenities & Ops: Clubhouse, pool, fitness, tennis, picnic/BBQ area, laundry, elevator, on-site management/maintenance; tenant-paid: cable
- Scale & Site: 490 units across 34 buildings totaling ±372,360 SF on ±24.08 acres with a mix of 285 one-bedrooms and 205 two-bedrooms
- Lease-Up / Value-Add: 38.7% occupancy; T-12 average rent ±$610 with 2024 60% AMI rent caps of $972 (1BR) / $1,209 (2BR) providing headroom
- Location & Demand Drivers: 13 miles north of Downtown St. Louis, 14 miles to Lambert Int’l Airport; quick access to I-270 & Route 367; near St. Louis
Executive Summary
Marcus & Millichap is pleased to offer Trinity Park Apartments, a 490-unit LIHTC and Section 8 multifamily community on ±24.08 acres in North St. Louis. The asset presents a clear lease-up/value-add story: physical occupancy is ±38.7%, average in-place rents are ±$610, and 2024 60% AMI caps allow higher achievable rents within program guidelines.
Comprised of 34 buildings, the Property offers a desirable mix of 285 one-bedroom apartments and 205 two-bedroom apartments. Community amenities include a clubhouse, pool, fitness, picnic area, tennis, laundry, elevator, and on-site management. The portfolio benefits from LIHTC compliance through 2037/2038, 102 units HUD Section 8 Project Based Rental Assistance, and a 20-year Option 2 renewal (effective 2025), providing income stability and mission alignment. Trinity Park Apartments is located 13 miles from Downtown St. Louis with access to Interstate 270/Route 367, major employers, and the forthcoming Saint Louis Zoo Wildcare Park.
Comprised of 34 buildings, the Property offers a desirable mix of 285 one-bedroom apartments and 205 two-bedroom apartments. Community amenities include a clubhouse, pool, fitness, picnic area, tennis, laundry, elevator, and on-site management. The portfolio benefits from LIHTC compliance through 2037/2038, 102 units HUD Section 8 Project Based Rental Assistance, and a 20-year Option 2 renewal (effective 2025), providing income stability and mission alignment. Trinity Park Apartments is located 13 miles from Downtown St. Louis with access to Interstate 270/Route 367, major employers, and the forthcoming Saint Louis Zoo Wildcare Park.
Property Facts
| Price | $3,750,000 | Building Class | B |
| Price Per Unit | $7,653 | Lot Size | 9.91 AC |
| Sale Type | Investment | Building Size | 372,360 SF |
| No. Units | 490 | Average Occupancy | 39% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Garden | ||
| Zoning | R6 | ||
| Price | $3,750,000 |
| Price Per Unit | $7,653 |
| Sale Type | Investment |
| No. Units | 490 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.91 AC |
| Building Size | 372,360 SF |
| Average Occupancy | 39% |
| No. Stories | 3 |
| Year Built | 1970 |
| Zoning | R6 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
1 1
Property Taxes
| Parcel Number | 10D-43-0242 | Improvements Assessment | $949,540 |
| Land Assessment | $395,200 | Total Assessment | $1,344,740 |
Property Taxes
Parcel Number
10D-43-0242
Land Assessment
$395,200
Improvements Assessment
$949,540
Total Assessment
$1,344,740
Contacts
-
Adam Sklaver -
Ryan Engle -
Philip Kates -
Andrean Angelov -
Aaron Kuroiwa -
Kyle Hynes -
Dave Saverin -
Marcus & Millichap
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Auction - Trinity Park | 490 Units | 38% Occ. | 11065 Dunklin Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.