314-655-6060
1800 S Brentwood Blvd, Saint Louis, MO for Sale
Apartments - FOR SALE
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1800 S Brentwood Blvd
Saint Louis, MO 63144
Brentwood


HIGHLIGHTS

  • Opportunity to acquire Class A core plus investments, significantly below replacement cost
  • Phenomenal demographics with Average Household Income of $164,610 and Average Home Value of $476,265 (1 mile)
  • Opportunity to push rents to market through continued unit upgrades
  • Extremely high barrier to entry market for new construction multifamily product due to limited land availability
  • Prime location between Whole Foods and Trader Joe’s in a vibrant retail corridor
  • Strong income-to-rent ratio supports rent growth opportunities

OVERVIEW

CBRE is pleased to present the opportunity to acquire Villas at Brentwood (“The Property”), an upscale 331-unit apartment community built on a large 7.292 acre tract located in Brentwood, Missouri. The Property was constructed in 2005 and benefits from an outstanding location and is surrounded by some of the best shopping, and dining options and access to parks, trails and recreation. The property is situated in Brentwood, nestled among three of St. Louis’ most esteemed neighborhoods: Clayton, Ladue, and Richmond Heights. Within a one-mile radius, the area boasts an impressive average household income of $164,610 and an average home value of $476,265. Villas at Brentwood offer contemporary living in spacious one, two and three-bedroom floor plans. The units are thoughtfully designed using GE Slate appliances, custom-built wine racks, elegant archways and coffered 10’ ceilings. Each home is equipped with in-unit full-size washers and dryers and plentiful storage. The Property provides residents with best-in-class community features, including a resort-style pool, state-of-the-art fitness center, business center and attached parking garage. Located in the highly desirable Mid St. Louis county, Villas at Brentwood is just minutes away from high-end shopping, food and retail, including Whole Foods, Traders Joe’s, Target, REI, and the Container Store. The Property is only minutes from Clayton’s Central Business District, the premier office market in St. Louis, with more than 7 million square feet of office space, 1 million square feet of retail and 45,000 employees. Villas at Brentwood is being sold unpriced on a free and clear basis. A call for offers date will be announced during marketing.

FOR SALE DETAILS

PRICE

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# OF UNITS

331

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas at Brentwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

501

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,008 SF

ZONING

C

APN/PARCEL ID

20K-24-2224

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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