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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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Wilkinson Lofts | 7135 Canterbury Ave
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