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Investment Highlights

  • 74 Units Located In High Ridge, MO
  • Just off Highway 30
  • Updated Utility Systems
  • 50/74 Units Updates
  • Positioned within 10 Min Drive of Newly Planned Developments
  • Rents Below Market

Executive Summary

Salient Realty Group is pleased present this 74 Unit Multifamily Portfolio located in High Ridge, 2373 Williams Creek Rd and surrounding address sit off a quiet residential street just off of Highway 30. Giving tenants easy access towards Fenton, Arnold and St. Louis, this also includes easy accessibility to daily essentials like Aldi and Schnucks Grocery Stores. The location also benefits from being within a 10 minute drive of Woodridge Middle School, apart of the greater Northwest School District. The High Ridge and Jefferson County areas are expecting further growth in 2026 with an expansion of H-J Family of Companies, adding roughly 80,000 sq ft to there manufacturing facility, creating approximately 150 new jobs. As well as many new residential communities being built by prominent builders including McBride & Son Homes and Fischer Homes. The location of these units just within a couple minutes of these developments will allow owners to increase rents in the future without having to worry about additional vacancy.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,000,000
Price Per Unit $81,081
Sale Type Investment
No. Units 74
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 6.67 AC
Building Size 36,540 SF
No. Stories 2
Year Built 1965
Zoning LR-2

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-1.0-11.0-4-002-054
  • 03-1.0-11.0-4-002-047
Land Assessment
$20,000 (2025)
Improvements Assessment
$271,600 (2025)
Total Assessment
$291,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39807057

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 2404 Williams Creek Rd, High Ridge, MO 63049

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