Details for Listing #22066058

1000 Wild Cherry University City MO 63130
Commercial Sale for sale – 1000  Wild Cherry   University City, MO
$4,074,000
View Calculated Payment
Listing ID: 22066058
Status: Active
Type: Commercial Sale
Square Foot: 40000
Lot Size/Acres: 2.3
County: St Louis
Print Listing
Property Details

Incredible 32-unit apartment complex for sale in University City with below market rents. The property consists of 8 - four family buildings. All of the units are 3 bed/1.5 bath apartments and are approximately 1,250 SF. The property is currently operating at a 96% occupancy. These properties have been well maintained and the seller has been updating units as tenants move out. Rents are below market and can be raised as units turnover to substantially increase the value. The property is within close proximity to Washington University, Downtown Clayton, many attractions in The Delmar Loop and the new development - Olive Crossing. Total of 32 units. 8 - four family buildings, all 3 bd/1.5 bth ~1,250 SF Incredible location in University City near Wash U. Campus, Downtown Clayton and The Delmar Loop Rents are below market Recently renovated Currently operating at a 96% occupancy


Year Built / Age: 1959
Listing Status: Active
Subdivision: Wild Cherry Apartments

Listed by: Salient Realty Group, LLC

IDX logoListings displaying the maris logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Copyright © maris