$4,650,000 USD
314-655-6060
1014-38 Oakview Pl
Saint Louis, MO 63110
Cheltenham
HIGHLIGHTS
- Prime location just south of Forest Park, which is known as the “Heart of St. Louis”
- Near historic Dogtown neighborhood well-known for its history, culture, and annual St. Patrick’s Day Parade
- 100% occupied all one bedroom + one bathroom floor plans
- All 36 units have in-unit washers & dryers & hardwood floors
- Five units feature kitchens with classic finishes, allowing future ownership to add value through additional upgrades.
- Below market rents - $190/month per unit in avg. rent upside
OVERVIEW
The property consists of three all-brick buildings featuring 36 one-bedroom, one-bathroom units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street
parking in the parking lot behind in the rear of the buildings.
FOR SALE DETAILS
PRICE
$4,650,000 USD
PRICE/SF
$199 USD /SF
# OF UNITS
36
PRICE/UNIT
$129,167
CAP RATE
Request Cap Rate
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Oakview Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1927
PARKING SPACES
72
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
G
APN/PARCEL ID
4002-00-0141-1
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314-655-6060
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314-655-6060
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