7358 Pershing Ave - Apartments FOR SALE


University City, MO 63130
$1,825,000 USD
314-655-6060
7358 Pershing Ave, University City, MO for Sale
$1,825,000 USD
Apartments - FOR SALE
1/13
null | 6.67% Cap Rate

7358 Pershing Ave
University City, MO 63130


HIGHLIGHTS

  • Fully occupied 4-unit property in high-demand area
  • Proximity to Washington University, with approximately 15,000 students
  • Phenomenal area demographics
  • High-barrier to entry submarket
  • Premier location with great thoroughfare and surrounding amenities

OVERVIEW

CBRE, as exclusive marketing advisor, is pleased to present an opportunity to acquire a four-unit multifamily property in the University City neighborhood of St. Louis near Washington University. The property consists of four large three-bedroom apartment units in a 6,676 sq. ft. building. This highly-desirable location is in close proximity to the Clayton CBD, Delmar Loop, Forest Park and Central West End.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

4

PRICE/UNIT

$456,250

CAP RATE

6.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,688 SF

ZONING

57MDR

APN/PARCEL ID

18J-14-0212

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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