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3801 Keokuk St
Saint Louis, MO 63116
50-Unit Keokuk & Bamberger Portfolio · Multifamily Property For Sale
Investment Highlights
- Attractive rental market with a high demand for studio, 1-bedroom, and 2-bedroom units among working professionals and families in the area.
- Beautiful historic buildings restored to maintain their original character and charm.
- Ideal for portfolio expansion.
- Value-add opportunity by continuing to update units to push rents during new ownership period.
- Properties are located in Dutchtown, a historic and vibrant neighborhood located in South St. Louis City, experiencing a period of revitalization
- Economies of Scale - multiple properties within close proximity allows for centralized management, shared maintenance resources, & reduced opex costs
Executive Summary
CBRE is pleased to present the opportunity to acquire the Keokuk & Bamberger Portfolio (the “Properties”/”Portfolio”), a three property, 50-unit portfolio situated in St. Louis, Missouri.
Historic Properties in Prime Location
Located in the heart of the Dutchtown neighborhood, the Keokuk & Bamberger Portfolio offers a unique blend of historic charm and modern convenience. Constructed between 1928 and 1930, these properties feature stunning historic architecture with updated interiors, providing a unique living experience for residents.
Strategic Location
The Keokuk & Bamberger Portfolio is strategically located in the heart of the Dutchtown South neighborhood of St. Louis, offering residents convenient access to key parts of the city. This area is well-connected by major roads and public transit, making it easy to reach downtown St. Louis, which is just a short drive away. The location is ideal for professionals, with proximity to major employers such as hospitals, schools, and universities—including Saint Louis University and Harris-Stowe State University, both within a 10-minute drive.
Investment Opportunity
The Dutchtown submarket has a history of phenomenal occupancy, making these properties an attractive investment opportunity. With the potential to push rents through the new ownership period, these well-performing assets offer a stable source of income and a chance to capitalize on the area’s growing demand for housing.
Historic Properties in Prime Location
Located in the heart of the Dutchtown neighborhood, the Keokuk & Bamberger Portfolio offers a unique blend of historic charm and modern convenience. Constructed between 1928 and 1930, these properties feature stunning historic architecture with updated interiors, providing a unique living experience for residents.
Strategic Location
The Keokuk & Bamberger Portfolio is strategically located in the heart of the Dutchtown South neighborhood of St. Louis, offering residents convenient access to key parts of the city. This area is well-connected by major roads and public transit, making it easy to reach downtown St. Louis, which is just a short drive away. The location is ideal for professionals, with proximity to major employers such as hospitals, schools, and universities—including Saint Louis University and Harris-Stowe State University, both within a 10-minute drive.
Investment Opportunity
The Dutchtown submarket has a history of phenomenal occupancy, making these properties an attractive investment opportunity. With the potential to push rents through the new ownership period, these well-performing assets offer a stable source of income and a chance to capitalize on the area’s growing demand for housing.
Property Facts
| Price / SF | $51.19 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 64,472 SF |
| Status | Active | Total Land Area | 54.48 AC |
| Number of Properties | 3 |
| Price / SF | $51.19 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 64,472 SF |
| Total Land Area | 54.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3858 Bamberger Ave, Saint Louis, MO 63116 | Multifamily | 32,048 SF | 1929 | - |
| 3801 Keokuk St, Saint Louis, MO 63116 | Multifamily | 30,264 SF | 1930 | - |
| 3763 Keokuk St, Saint Louis, MO 63116 | Multifamily | 2,160 SF | 1928 | - |
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