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4140 Washington Blvd
Saint Louis, MO 63108
Central West End Gallery Apartments · Multifamily Property For Sale · 134 Units

Investment Highlights

  • PREMIER CENTRAL WEST END LOCATION WITH IMMEDIATE ACCESS TO MAJOR INSTITUTIONAL DEMAND DRIVERS
  • QUIET, TUCKED-AWAY SETTING JUST OFF WASHINGTON AVENUE
  • LOCAL LONG-TERM OWNERSHIP – UNIQUE OPPORTUNITY TO ACQUIRE FROM EXPERIENCED, STABLE OWNER
  • STRONG REGIONAL CONNECTIVITY VIA HIGHWAY 40/I-64
  • IMMEDIATE 134-UNIT SCALE IN A HIGH-BARRIER-TO-ENTRY SUBMARKET
  • OFFERED WITH ATTRACTIVE ASSUMABLE DEBT

Executive Summary

Gallery Central West End Apartments (Gallery CWE) presents a compelling opportunity to acquire a 134-unit, welllocated multifamily asset in the Central West End – one of St. Louis’ most supply-constrained and institutionally anchored
submarkets. The property benefits from immediate proximity to Barnes-Jewish Hospital, the Washington University Medical
Campus, the Cortex Innovation District, and Saint Louis University, providing durable rental demand supported by healthcare
and education employment. With excellent regional connectivity via Highway 40/I-64, strong in-place operations, and longterm revenue growth potential, Gallery CWE offers an attractive risk-adjusted investment opportunity.
PREMIER CENTRAL WEST END LOCATION WITH IMMEDIATE ACCESS TO MAJOR INSTITUTIONAL DEMAND DRIVERS
Gallery CWE is positioned in the core of the Central West End, one of the most established and fundamentally sound
rental markets in the St. Louis MSA. The property is located minutes from Barnes-Jewish Hospital, the Washington
University Medical Campus, the Cortex Innovation District, and Saint Louis University – some of the largest and most stable
employment anchors in the region. Residents also enjoy quick access to premier local amenities including Forest Park, the
St. Louis Zoo, and the Delmar Loop, further enhancing the property’s appeal. This concentration of employment, education,
and lifestyle demand creates consistent renter demand that has historically supported strong occupancy and rent growth
within the submarket.
STRONG REGIONAL CONNECTIVITY VIA HIGHWAY 40/I-64
The property offers immediate access to Highway 40/I-64, providing residents with direct connectivity to Downtown
St. Louis in approximately 10 minutes while maintaining convenient access to the broader metro area. This accessibility
broadens the tenant base and enhances long-term leasing velocity, making the asset attractive to professionals working
throughout the region.
QUIET, TUCKED-AWAY SETTING JUST OFF WASHINGTON AVENUE
While centrally located within the submarket, Gallery CWE benefits from a quiet, residential strip and low-traffic setting just
off Washington Avenue. The property offers residents a private, neighborhood atmosphere without sacrificing proximity to
major employment centers, regional amenities, and vibrant local destinations such as Forest Park, the St. Louis Zoo, and
the Delmar Loop – a combination that is increasingly rare in the Central West End.
IMMEDIATE 134-UNIT SCALE IN A HIGH-BARRIER-TO-ENTRY SUBMARKET
With 134 units, Gallery CWE provides meaningful scale within one of the most competitive and supply-constrained
multifamily submarkets in St. Louis. The property is large enough to support efficient on-site operations while remaining
accessible to a broad buyer pool seeking exposure to high-quality urban assets.
4 | Confidential Offering Memorandum
LOCAL LONG-TERM OWNERSHIP – UNIQUE OPPORTUNITY TO ACQUIRE FROM EXPERIENCED, STABLE OWNER
Gallery CWE is being offered by long-term local ownership, providing buyers the chance to acquire a well-maintained,
professionally operated asset from an experienced owner. This type of ownership history ensures a smooth transaction,
well-documented operations, and confidence in the asset’s performance.
OFFERED WITH ATTRACTIVE ASSUMABLE DEBT
Gallery CWE is being offered with attractive assumable Fannie Mae debt, featuring an original principal balance of $9.354
million, a favorable 4.58% fixed rate, and 84 months of interest-only payments. With a maturity date of December 31,
2034, the in-place financing provides investors with the ability to assume well-structured agency debt and materially reduce
financing risk in today’s capital markets environment

Property Facts

Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 134
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.81 AC
Building Size 98,096 SF
Average Occupancy 92%
No. Stories 4
Year Built 1928
Parking Ratio 0.83/1,000 SF
Zoning C

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Den
  • Dining Room
  • Loft Layout
  • Window Coverings

Site Amenities

  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Gated
  • Furnished Units Available
  • Grill
  • Guest Apartment
  • Package Service
  • Vintage Building
  • Health Club Discount
  • Lounge
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 7 $850.00 350 - 540
Studios 42 $875.00 395 - 1,065
Studios 6 $900.00 406 - 1,100
Studios 32 $950.00 451
Studios 11 $1,000 540
1+1 8 $1,175 681
1+1 11 $1,265 798
2+2 6 $1,380 1,065
2+2 2 $1,225 640
2+2 9 $1,650 1,100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4876-00-0070-0
  • 4876-00-0060-0
Land Assessment
$26,870
Improvements Assessment
$1,068,260
Total Assessment
$1,095,130
  • Listing ID: 40403766

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 4140 Washington Blvd, Saint Louis, MO 63108

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