913-956-8559
4140 Washington Blvd, Saint Louis, MO for Sale
Apartments - FOR SALE
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4140 Washington Blvd
Saint Louis, MO 63108
Central West End


HIGHLIGHTS

  • PREMIER CENTRAL WEST END LOCATION WITH IMMEDIATE ACCESS TO MAJOR INSTITUTIONAL DEMAND DRIVERS
  • STRONG REGIONAL CONNECTIVITY VIA HIGHWAY 40/I-64
  • QUIET, TUCKED-AWAY SETTING JUST OFF WASHINGTON AVENUE
  • IMMEDIATE 134-UNIT SCALE IN A HIGH-BARRIER-TO-ENTRY SUBMARKET
  • LOCAL LONG-TERM OWNERSHIP – UNIQUE OPPORTUNITY TO ACQUIRE FROM EXPERIENCED, STABLE OWNER
  • OFFERED WITH ATTRACTIVE ASSUMABLE DEBT

OVERVIEW

Gallery Central West End Apartments (Gallery CWE) presents a compelling opportunity to acquire a 134-unit, welllocated multifamily asset in the Central West End – one of St. Louis’ most supply-constrained and institutionally anchored submarkets. The property benefits from immediate proximity to Barnes-Jewish Hospital, the Washington University Medical Campus, the Cortex Innovation District, and Saint Louis University, providing durable rental demand supported by healthcare and education employment. With excellent regional connectivity via Highway 40/I-64, strong in-place operations, and longterm revenue growth potential, Gallery CWE offers an attractive risk-adjusted investment opportunity. PREMIER CENTRAL WEST END LOCATION WITH IMMEDIATE ACCESS TO MAJOR INSTITUTIONAL DEMAND DRIVERS Gallery CWE is positioned in the core of the Central West End, one of the most established and fundamentally sound rental markets in the St. Louis MSA. The property is located minutes from Barnes-Jewish Hospital, the Washington University Medical Campus, the Cortex Innovation District, and Saint Louis University – some of the largest and most stable employment anchors in the region. Residents also enjoy quick access to premier local amenities including Forest Park, the St. Louis Zoo, and the Delmar Loop, further enhancing the property’s appeal. This concentration of employment, education, and lifestyle demand creates consistent renter demand that has historically supported strong occupancy and rent growth within the submarket. STRONG REGIONAL CONNECTIVITY VIA HIGHWAY 40/I-64 The property offers immediate access to Highway 40/I-64, providing residents with direct connectivity to Downtown St. Louis in approximately 10 minutes while maintaining convenient access to the broader metro area. This accessibility broadens the tenant base and enhances long-term leasing velocity, making the asset attractive to professionals working throughout the region. QUIET, TUCKED-AWAY SETTING JUST OFF WASHINGTON AVENUE While centrally located within the submarket, Gallery CWE benefits from a quiet, residential strip and low-traffic setting just off Washington Avenue. The property offers residents a private, neighborhood atmosphere without sacrificing proximity to major employment centers, regional amenities, and vibrant local destinations such as Forest Park, the St. Louis Zoo, and the Delmar Loop – a combination that is increasingly rare in the Central West End. IMMEDIATE 134-UNIT SCALE IN A HIGH-BARRIER-TO-ENTRY SUBMARKET With 134 units, Gallery CWE provides meaningful scale within one of the most competitive and supply-constrained multifamily submarkets in St. Louis. The property is large enough to support efficient on-site operations while remaining accessible to a broad buyer pool seeking exposure to high-quality urban assets. 4 | Confidential Offering Memorandum LOCAL LONG-TERM OWNERSHIP – UNIQUE OPPORTUNITY TO ACQUIRE FROM EXPERIENCED, STABLE OWNER Gallery CWE is being offered by long-term local ownership, providing buyers the chance to acquire a well-maintained, professionally operated asset from an experienced owner. This type of ownership history ensures a smooth transaction, well-documented operations, and confidence in the asset’s performance. OFFERED WITH ATTRACTIVE ASSUMABLE DEBT Gallery CWE is being offered with attractive assumable Fannie Mae debt, featuring an original principal balance of $9.354 million, a favorable 4.58% fixed rate, and 84 months of interest-only payments. With a maturity date of December 31, 2034, the in-place financing provides investors with the ability to assume well-structured agency debt and materially reduce financing risk in today’s capital markets environment

FOR SALE DETAILS

PRICE

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# OF UNITS

134

CAP RATE

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% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central West End Gallery Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1928

PARKING SPACES

81

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C

APN/PARCEL ID

4876-00-0060-0,4876-00-0070-0

ASK ABOUT THIS PROPERTY

Zachary CroakeNewmarkMore Info
913-956-8559

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Zachary CroakeNewmarkMore Info
913-956-8559

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