Incredible demographics, boasting a solid middle-class foundation with an Avg. Household Income of $162,579 & Avg. Home Value of $506,042 (1 Mile)
High-barrier to entry submarket
Various floor plans that cater to each resident
Mixed portfolio with select units renovated with condo finishes and select units for value-add opportunity
Portfolio is at the center of many St. Louis employment and entertainment districts, including CWE neighborhood, BJC/Washington University & SLU
OVERVIEW
CBRE, as exclusive marketing advisor, is pleased to present an opportunity to acquire the Richmond Heights 14-Unit Multifamily Portfolio (the “Property”.) The Richmond Heights 14-Unit Multifamily Portfolio is located throughout Richmond Heights and is within 2 miles of Clayton CBD and Washington University in St. Louis.