4321 Manchester Ave
Saint Louis, MO 63110
4321 Manchester · Multifamily Property For Sale
·
20 Units
Investment Highlights
- STRATEGIC LOCATION Located directly in the heart of The Grove, an eclectic, yet established business and entertainment district adjacent to iconic For
- QUALITY CONSTRUCTION Built in 2016, consisting of 20 spacious residential units, two commercial retail units, and enclosed structured parking.
- VALUE-ADD OPPORTUNITY IN BOOMING AREA Rental rates for the commercial spaces and the residential units are below-market which presents the opportuni
- MODERN DESIGN WITH HIGH-END FINISHES Brick, metal, and composite exterior finishes complement granite counter tops, stainless appliances, and open flo
Property Facts
| No. Units | 20 | Building Size | 17,775 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | B | Parking Ratio | 2.86/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | G | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 17,775 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | G |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Fitness Center
- Roof Terrace
- Bicycle Storage
- Elevator
- Maintenance on site
About 4321 MANCHESTER AVE , SAINT LOUIS, MO 63110
Colliers International is pleased to exclusively offer “4321 Grove”, the innovative mixed-use development of 20 residential units and street level retail at 4321 Manchester Avenue (the Property). This investment asset is located in the heart of the vibrant entertainment and business district known as “The Grove”. The Property is situated just outside of the downtown St. Louis central business district, in the city’s central corridor, which is in the midst of a $10 billion tech and healthcare-related development boom. The location benefits from outstanding access to transportation, with the city’s two main east/west interstate highways. St. Louis’ greatest assets are concentrated in this corridor, including nationally recognized institutions in healthcare, education and research, culture, entertainment, along with the best urban neighborhoods. The offering of this property presents investors with a unique opportunity to acquire a well-stabilized asset in one of the region’s most- flourishing areas anchored by major employers, higher education, healthcare, entertainment and nightlife.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+2 | 5 | - | - |
Property Taxes
| Parcel Number | 51120202461 | Improvements Assessment | $413,270 |
| Land Assessment | $740 | Total Assessment | $414,010 |
Property Taxes
