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5539 Pershing Ave
Saint Louis, MO 63112
Chelsea Luxury Living · Multifamily Property For Sale
·
152 Units
Investment Highlights
- Established 152-unit, 2021 vintage property located in St. Louis, MO
- Tax abatement through 2030 offers investors increased cash flow
- Within two miles to I-64, the Metrolink train, bus lines and university shuttle
- With 25% studio, 59% one-bedroom and 16% two-bedroom units, the Property was built with a conventional multifamily unit mix
- Comprehensive amenity suite, including a bistro cafe, golf lounge, saltwater pool, arcade bar, 24/7 fitness center, turkish spa, pet park, and more
- Located less than three miles from Saint Louis University and less than two miles from Barnes Jewish and SSM Health Saint Louis University Hospitals
Property Facts
| No. Units | 152 | Building Size | 167,174 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | A | Parking Ratio | 0.09/1,000 SF |
| Lot Size | 1.22 AC | ||
| Zoning | E - 1185 - Multi-Family Residential | ||
| No. Units | 152 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 1.22 AC |
| Building Size | 167,174 SF |
| Average Occupancy | 98% |
| No. Stories | 7 |
| Year Built | 2020 |
| Parking Ratio | 0.09/1,000 SF |
| Zoning | E - 1185 - Multi-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Freezer
Site Amenities
- Fitness Center
- Pool
- Property Manager on Site
- Wi-Fi
- Roof Terrace
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 38 | - | 402 - 553 |
| 1+1 | 90 | - | 620 - 805 |
| 2+2 | 24 | - | 971 - 1,071 |
Property Taxes
| Parcel Number | 3874-18-0370-0 | Improvements Assessment | $6,297,660 |
| Land Assessment | $177,540 | Total Assessment | $6,475,200 |
Property Taxes
Parcel Number
3874-18-0370-0
Land Assessment
$177,540
Improvements Assessment
$6,297,660
Total Assessment
$6,475,200
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