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Richmond Heights 14-Unit Portfolio 5 Multifamily Properties Offered at $2,690,000 in Saint Louis, MO
Investment Highlights
- 100% occupied
- High-barrier to entry submarket
- Mixed portfolio with select units renovated with condo finishes and select units for value-add opportunity
- Incredible demographics, boasting a solid middle-class foundation with an Avg. Household Income of $162,579 & Avg. Home Value of $506,042 (1 Mile)
- Various floor plans that cater to each resident
- Portfolio is at the center of many St. Louis employment and entertainment districts, including CWE neighborhood, BJC/Washington University & SLU
Executive Summary
CBRE, as exclusive marketing advisor, is pleased to present an opportunity to acquire the Richmond Heights 14-Unit Multifamily Portfolio (the “Property”.) The Richmond Heights 14-Unit Multifamily Portfolio is located throughout Richmond Heights and is within 2 miles of Clayton CBD and Washington University in St. Louis.
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Property Facts
| Price | $2,690,000 | Number of Properties | 5 |
| Price / SF | $208.20 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 12,920 SF |
| Status | Active | Total Land Area | 0.68 AC |
| Price | $2,690,000 |
| Price / SF | $208.20 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 12,920 SF |
| Total Land Area | 0.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1282-1288 Hawthorne Pl, Saint Louis, MO 63117 | Multifamily | 3,260 SF | 1920 | - |
| 1274-1280 Hawthorne Pl, Saint Louis, MO 63117 | Multifamily | 3,260 SF | 1920 | - |
| 1026 Claytonia Ter, Saint Louis, MO 63117 | Multifamily | 2,584 SF | 1935 | - |
| 1173 Moorlands Dr, Saint Louis, MO 63117 | Multifamily | 2,016 SF | 1935 | - |
| 1060-1062 E Linden Ave, Saint Louis, MO 63117 | Multifamily | 1,800 SF | 1935 | - |
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