4054 S Grand Blvd - Apartments FOR SALE


Saint Louis, MO 63118- Dutchtown South
$1,000,000 USD
314-655-6060
4054 S Grand Blvd, Saint Louis, MO for Sale
$1,000,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

4054 S Grand Blvd
Saint Louis, MO 63118
Dutchtown South


HIGHLIGHTS

  • Attractive rental market with a high demand for studio, 1-bedroom, and 2-bedroom units among working professionals and families in the area.
  • Value-add opportunity by continuing to update units to push rents during new ownership period.
  • Beautiful historic buildings restored to maintain their original character and charm.
  • Properties are located in a historic and vibrant neighborhood located in South St. Louis City, experiencing a period of revitalization
  • Ideal for portfolio expansion.
  • Priced well below replacement cost.

OVERVIEW

CBRE is pleased to present the opportunity to acquire 4054-64 S. Grand & 3465-67 Gasconade (the “Properties”), a 24-unit, two property offering situated in St. Louis, Missouri. Historic Properties in Prime Location Located in the heart of the Dutchtown neighborhood, 4054-64 S. Grand & 3465-67 Gasconade offers a unique blend of historic charm and modern convenience. Constructed in 1926, these properties feature stunning historic architecture with updated interiors, providing a unique living experience for residents. Strategic Location 4054-64 S. Grand & 3465-67 Gasconade is strategically located in the heart of the Dutchtown South neighborhood of St. Louis, offering residents convenient access to key parts of the city. This area is well-connected by major roads and public transit, making it easy to reach downtown St. Louis, which is just a short drive away. The location is ideal for professionals, with proximity to major employers such as hospitals, schools, and universities—including Saint Louis University and Harris-Stowe State University, both within a 10-minute drive. Investment Opportunity The Dutchtown submarket has a history of phenomenal occupancy, making these properties an attractive investment opportunity. With the potential to push rents through the new ownership period, these well-performing assets offer a stable source of income and a chance to capitalize on the area’s growing demand for housing.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

24

PRICE/UNIT

$41,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4054-64 S. Grand & 3465-67 Gasconade

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

F

APN/PARCEL ID

2593-00-0270-7

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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