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Investment Highlights
- 74 Units Located In High Ridge, MO
- Just off Highway 30
- Updated Utility Systems
- 50/74 Units Updates
- Positioned within 10 Min Drive of Newly Planned Developments
- Rents Below Market
Executive Summary
Salient Realty Group is pleased present this 74 Unit Multifamily Portfolio located in High Ridge, 2373 Williams Creek Rd and surrounding address sit off a quiet residential street just off of Highway 30. Giving tenants easy access towards Fenton, Arnold and St. Louis, this also includes easy accessibility to daily essentials like Aldi and Schnucks Grocery Stores. The location also benefits from being within a 10 minute drive of Woodridge Middle School, apart of the greater Northwest School District. The High Ridge and Jefferson County areas are expecting further growth in 2026 with an expansion of H-J Family of Companies, adding roughly 80,000 sq ft to there manufacturing facility, creating approximately 150 new jobs. As well as many new residential communities being built by prominent builders including McBride & Son Homes and Fischer Homes. The location of these units just within a couple minutes of these developments will allow owners to increase rents in the future without having to worry about additional vacancy.
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $6,500,000 | Number of Properties | 2 |
| Price / SF | $177.89 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 36,540 SF |
| Status | Active | Total Land Area | 6.67 AC |
| Price | $6,500,000 |
| Price / SF | $177.89 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 36,540 SF |
| Total Land Area | 6.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Woodridge Manor Apartments
2404 Williams Creek Rd, High Ridge, MO 63049 |
Multifamily | 36,540 SF | 1965 | - |
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Williams Creek Apartments
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