314-655-6060
2615 Washington Ave, Saint Louis, MO for Sale
Apartments - FOR SALE
1/11
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2615 Washington Ave
Saint Louis, MO 63103
Midtown St Louis


HIGHLIGHTS

  • Located near the National Geospatial-Intelligence Agency, which employs more than 3,000 local residents, and Energizer Park
  • Large unit sizes; 1,041 square feet average
  • Marketed consistently as a premier destination in the West Washington Loft District—supporting premium rent positioning
  • High barrier to entry market
  • Garage parking available
  • Offering includes additional 0.49 acre surface lot behind property at 701 N. Jefferson

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

58

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GW Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

I

APN/PARCEL ID

0930-00-0016-7,0931-00-0100-0

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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