1228 Washington Ave | Saint Louis, MO 63103
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- LoopNet Team
1228 Washington Ave
Saint Louis, MO 63103
Rudman on the Park · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- $370 Per Unit Rent Upside on Existing Apartments
- Elegant, Historic Building
- Conditionally Approved Historic Tax Credit Application for Renovations
- Multiple Value Add Strategies - Potential for up to 84 Apartments
- Stunning 8-Story Mixed-Use Historic Building in Downtown St. Louis
- Located on Wash Ave - Downtown’s Entertainment Corridor
PROPERTY FACTS
| No. Units | 48 | Building Size | 119,584 SF |
| Property Type | Multifamily | Average Occupancy | 77% |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 1901 |
| Building Class | B | Parking Ratio | 0.22/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | I | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 119,584 SF |
| Average Occupancy | 77% |
| No. Stories | 8 |
| Year Built | 1901 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | I |
AMENITIES
UNIT AMENITIES
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gated
- On-Site Retail
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | $1,128 | 1,108 - 1,219 |
| 1+1.5 | 2 | $1,085 | 950 - 1,219 |
| 2+1 | 13 | $1,304 | 1,068 - 1,540 |
| 2+2 | 8 | $1,262 | 983 - 1,540 |
PROPERTY TAXES
| Parcel Number | 0835-00-0010-7 | Improvements Assessment | $639,120 |
| Land Assessment | $127,590 | Total Assessment | $766,710 |
PROPERTY TAXES
Parcel Number
0835-00-0010-7
Land Assessment
$127,590
Improvements Assessment
$639,120
Total Assessment
$766,710
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