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Wilkinson Lofts 7135 Canterbury Ave 36 Unit Apartment Building For Sale Saint Louis, MO 63143



Investment Highlights
- 80% tax abatement through 2032
- 2021 Apartment conversion
- Outparcel development opportunity
Executive Summary
Prime opportunity to enter the St. Louis market or expand your existing portfolio with this modern (2021) apartment conversion in a chic growing sub market. 6 two bedroom units, 28 one bedroom, and two studios make up the 36 units inside this controlled access building with plenty of parking and an available ~5200sf outparcel for additional reinvestment. Pride of ownerships shines through out this quality built redevelopment. All units feature in-unit laundry, quartz counters, under-mount sinks, modern faucets,, stainless steel appliances and custom cabinetry. Community amenities include a work out room, bike storage, dog walk, and patio with grilling stations. Centrally located near the St Louis City/ County line the building is a short walk to downtown Maplewood and within 10 minute drive to Forest Park, Clayton, Brentwood, The Grove, SLU, WashU, and Webster Universities. The property receives an 80% tax abatement through 2032.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.84 AC |
| No. Units | 36 | Building Size | 32,775 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1927/2021 |
| Building Class | B | ||
| Zoning | A | ||
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.84 AC |
| Building Size | 32,775 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1927/2021 |
| Zoning | A |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Grill
- Window Coverings
- Quartz Countertops
- Floor to Ceiling Windows
Site Amenities
- Controlled Access
- Fitness Center
- Pet Play Area
- Walking/Biking Trails
- Bicycle Storage
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $890.00 | 442 - 477 |
| 1+1 | 26 | $1,373 | 594 - 898 |
| 1+1.5 | 1 | $2,155 | 1,173 |
| 2+1 | 5 | $1,570 | 863 - 976 |
| 2+2 | 1 | $2,425 | 1,320 |
| 1+2 | 1 | $1,610 | 891 |
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Property Taxes
| Parcel Number | 4857-00-0065-7 | Total Assessment | $88,770 |
| Land Assessment | $20,340 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $68,430 | Tax Year | 2025 |
Property Taxes
Parcel Number
4857-00-0065-7
Land Assessment
$20,340
Improvements Assessment
$68,430
Total Assessment
$88,770
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Wilkinson Lofts | 7135 Canterbury Ave
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