9970 Arthur Ln - Apartments FOR SALE


Saint Louis, MO 63128- Concord
$2,400,000 USD
424-288-1759
9970 Arthur Ln, Saint Louis, MO for Sale
$2,400,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

9970 Arthur Ln
Saint Louis, MO 63128
Concord


OVERVIEW

CBRE is pleased to present the opportunity to acquire Arthur Manor Apartments, a 17-unit value-add multifamily community (the “Property”). Built in 1997, this property spans approximately 14,627 square feet on a 0.7-acre lot and features 17 units designed for comfortable living. Situated within the Lindbergh School District, residents enjoy proximity to top-rated schools like Sappington Elementary and Lindbergh Senior High. The location offers convenient access to major highways, including Interstate 255 and U.S. Route 67, making commuting a breeze. Nearby parks such as Officer Blake C. Snyder Memorial Park and Suson Park provide ample recreational opportunities, while various shopping centers and restaurants ensure all necessary amenities are within reach. And just 4.25 miles away, Laumeier Sculpture Park offers a unique cultural experience with its outdoor sculptures and art installations that will inspire and delight. Experience the perfect blend of suburban tranquility and urban convenience Arthur Manor. This property is ideal for those seeking a balanced and accessible living environment. Many of the units are in classic or near classic condition allowing new ownership the opportunity to push rents through continued unit upgrades.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

17

PRICE/UNIT

$141,176

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arthur Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

R7

APN/PARCEL ID

28K-43-0577

ASK ABOUT THIS PROPERTY

Corey EganCBREMore Info
424-288-1759

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Corey EganCBREMore Info
424-288-1759

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