314-655-6060
1100 Indian Circle Dr, Olivette, MO for Sale
Apartments - FOR SALE
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1100 Indian Circle Dr
Olivette, MO 63132


HIGHLIGHTS

  • Value-add opportunity through continued units upgrades allowing rent upside for new ownership
  • Top-Tier School District: Located within the highly acclaimed Ladue School District, ranked #1 in Missouri and #6 nationwide by Niche 2025
  • Strong Value-Add Potential: Many units feature updated finishes, while remaining units allow new ownership to continue renovations and push rents
  • Desirable Mid-County Location: Centrally positioned in Olivette with immediate access to I-170
  • Olive Pointe Apartments benefits from a long-standing operational history and steady performance within a supply-constrained submarket
  • Situated in the affluent Olivette neighborhood with a 1-mile average household income of $162,620 and an average home value of $447,235

OVERVIEW

CBRE, as exclusive marketing advisor, is pleased to present Olive Pointe Apartments (the “Property”), a 64-unit, garden-style community located in Olivette, Missouri, St. Louis MSA. Constructed in 1960, and renovated in 2022, the Property offers one, two and three-bedroom units ranging from 658 to 1,100 sq. ft., with many featuring updated finishes such as vinyl plank flooring, stainless steel appliances, and in-suite washers and dryers. The community includes desirable features such as outdoor green spaces and courtyard, grill and picnic area, ample parking, laundry care center, and on-site maintenance and management. Strategically positioned in the heart of Olivette, the Property benefits from immediate access to I-170, placing residents minutes from the Delmar Loop, Forest Park, Downtown St. Louis, and major institutions including Washington University, SLU, and UMSL. Its location within the top-rated Ladue School District further enhances long-term renter demand and income stability. The surrounding Mid-County submarket continues to see strong residential and commercial activity, reinforcing the Property’s competitive standing and future rent potential. With its central location, proven performance, and clear runway for interior value-enhancement, Olive Pointe Apartments represents a compelling opportunity to acquire a well-maintained asset with significant long-term upside. Olive Pointe Apartments is being offered on a free and clear basis. A call for offers date will be announced during marketing.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

64

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olive Pointe Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

42COR

APN/PARCEL ID

17L-43-0279

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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