2404 Williams Creek Rd - Apartments FOR SALE


High Ridge, MO 63049
$6,000,000 USD
314-208-2395
2404 Williams Creek Rd, High Ridge, MO for Sale
$6,000,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2404 Williams Creek Rd
High Ridge, MO 63049


HIGHLIGHTS

  • 74 Units Located In High Ridge, MO
  • 50/74 Units Updates
  • Just off Highway 30
  • Positioned within 10 Min Drive of Newly Planned Developments
  • Updated Utility Systems
  • Rents Below Market

OVERVIEW

Salient Realty Group is pleased present this 74 Unit Multifamily Portfolio located in High Ridge, 2373 Williams Creek Rd and surrounding address sit off a quiet residential street just off of Highway 30. Giving tenants easy access towards Fenton, Arnold and St. Louis, this also includes easy accessibility to daily essentials like Aldi and Schnucks Grocery Stores. The location also benefits from being within a 10 minute drive of Woodridge Middle School, apart of the greater Northwest School District. The High Ridge and Jefferson County areas are expecting further growth in 2026 with an expansion of H-J Family of Companies, adding roughly 80,000 sq ft to there manufacturing facility, creating approximately 150 new jobs. As well as many new residential communities being built by prominent builders including McBride & Son Homes and Fischer Homes. The location of these units just within a couple minutes of these developments will allow owners to increase rents in the future without having to worry about additional vacancy.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

74

PRICE/UNIT

$81,081

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodridge Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.67 AC

LAND SF

290,545 SF

ZONING

LR-2

APN/PARCEL ID

03-1.0-11.0-4-002-047,03-1.0-11.0-4-002-054

ASK ABOUT THIS PROPERTY

Matthew MillslagleSalient Realty Group LLCMore Info
314-208-2395

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Matthew MillslagleSalient Realty Group LLCMore Info
314-208-2395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.