5500-5602 Mable Ave | Saint Louis, MO 63140
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5500-5602 Mable Ave
Saint Louis, MO 63140
Suburban Heights · Multifamily Property For Sale
·
104 Units
PROPERTY FACTS
| No. Units | 104 | Building Size | 75,077 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1969/2015 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 5.50 AC | ||
| Zoning | R2 | ||
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.50 AC |
| Building Size | 75,077 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2015 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Heating
- Refrigerator
- Range
- Carpet
- Wi-Fi
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Gated
- Community-Wide WiFi
- Maintenance on site
- Online Services
ABOUT 5500-5602 MABLE AVE , SAINT LOUIS, MO 63140
248 Bed UMSL Student housing property Strong operating history since 2013-15 complete renovation 8.46% Pro-forma Cap Rate Attractive mix of 49 two bed/one bath units; 47 three bed/one bath units, and 8 one bed/one bath units Complete "new inside the bricks" renovation in 2013-15 Gated, controlled-access community Attractively priced at $18,145 per bed UMSL's 2018 enrollment was 16,471
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $585.00 | 650 |
| 2+1 | 49 | $695.00 | 790 |
| 3+1 | 47 | $740.00 | 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $847,150 | |
| Land Assessment | $197,600 | Total Assessment | $1,044,750 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$197,600
Improvements Assessment
$847,150
Total Assessment
$1,044,750
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