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GW Lofts 2615 Washington Ave 58 Unit Apartment Building For Sale Saint Louis, MO 63103



Investment Highlights
- Located near the National Geospatial-Intelligence Agency, which employs more than 3,000 local residents, and Energizer Park
- Marketed consistently as a premier destination in the West Washington Loft District—supporting premium rent positioning
- Garage parking available
- Large unit sizes; 1,041 square feet average
- High barrier to entry market
- Offering includes additional 0.49 acre surface lot behind property at 701 N. Jefferson
Executive Summary
CBRE is pleased to present the opportunity to acquire GW Lofts (“the Property”), a 58-unit multifamily opportunity with 20,284 sq. ft. of retail, located in downtown St. Louis, Missouri. The property offers an investor value-add upside through improved occupancy and rent growth in the Downtown West submarket.
GW Lofts amenities include outdoor grilling stations with picnic area, and garage parking. With multiple floor plans and a variety of unit types, the Property appeals to a diverse group of residents, including young professionals, families and senior citizens. All units feature exposed brick, in-unit washer and dryer, high ceilings and large windows, fully-equipped kitchens, and views of downtown St. Louis.
GW Lofts is in close proximity to major downtown developments including the new Energizer Park, a 22,500-seat MLS stadium and the National Geospatial Intelligence Agency (NGA) Campus; each attracting rent momentum to the area.
GW Lofts is being sold unpriced on a free & clear basis. A call for offers date will be announced during marketing.
GW Lofts amenities include outdoor grilling stations with picnic area, and garage parking. With multiple floor plans and a variety of unit types, the Property appeals to a diverse group of residents, including young professionals, families and senior citizens. All units feature exposed brick, in-unit washer and dryer, high ceilings and large windows, fully-equipped kitchens, and views of downtown St. Louis.
GW Lofts is in close proximity to major downtown developments including the new Energizer Park, a 22,500-seat MLS stadium and the National Geospatial Intelligence Agency (NGA) Campus; each attracting rent momentum to the area.
GW Lofts is being sold unpriced on a free & clear basis. A call for offers date will be announced during marketing.
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Property Facts
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Range
- Tub/Shower
- Views
Site Amenities
- 24 Hour Access
- Fitness Center
- Property Manager on Site
- Tanning Salon
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 29 | - | 883 |
| 2+2 | 28 | - | 1,176 |
| 3+2 | 1 | - | 1,865 |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,533,330 | |
| Land Assessment | $69,630 | Total Assessment | $1,602,960 |
Property Taxes
Parcel Numbers
Land Assessment
$69,630
Improvements Assessment
$1,533,330
Total Assessment
$1,602,960
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GW Lofts | 2615 Washington Ave
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