CBRE is pleased to present the opportunity to acquire GW Lofts (“the Property”), a 58-unit multifamily opportunity with 20,284 sq. ft. of retail, located in downtown St. Louis, Missouri. The property offers an investor value-add upside through improved occupancy and rent growth in the Downtown West submarket.
GW Lofts amenities include outdoor grilling stations with picnic area, and garage parking. With multiple floor plans and a variety of unit types, the Property appeals to a diverse group of residents, including young professionals, families and senior citizens. All units feature exposed brick, in-unit washer and dryer, high ceilings and large windows, fully-equipped kitchens, and views of downtown St. Louis.
GW Lofts is in close proximity to major downtown developments including the new Energizer Park, a 22,500-seat MLS stadium and the National Geospatial Intelligence Agency (NGA) Campus; each attracting rent momentum to the area.
GW Lofts is being sold unpriced on a free & clear basis. A call for offers date will be announced during marketing.