1269 Mangrove Ln - Apartments FOR SALE
Saint Louis, MO 63125 |
1269 Mangrove Ln
Saint Louis, MO 63125
HIGHLIGHTS
- Established 72-unit garden-style property located in the South County submarket of St. Louis
- Opportunity to push rents through unit upgrades during new ownership period
- Potential development opportunity on ReNew Cross Creek #3, a vacant 3.45 acre parcel
- Well-maintained asset with $1.46M of capital expenditures since 2020
- Ideal mix of one and two-bedroom floor plans averaging 962 SF
- High barrier to entry market
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
ReNew Cross Creek
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
77710
STORIES
3
YEAR BUILT
1987
PARKING SPACES
121
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
28H-42-0853,28H-42-3300
