The Lange & 3620 Texas Ave Multi-Family FOR SALE


Saint Louis, MO - Gravois Park
$4,500,000 USD
314-655-6060
, Saint Louis, MO for Sale
$4,500,000 USD
Multi-Family - FOR SALE
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The Lange & 3620 Texas Ave
Saint Louis, MO
Gravois Park


HIGHLIGHTS

  • 27-unit property located in the Gravois Park neighborhood of St. Louis
  • Condo-quality finishes in both properties including updated kitchens with stainless steel appliances and quartz countertops
  • Ideal mix of one- and two-bedroom floor plans averaging 813 SF
  • Close to I-55 and I-44 providing convenient access to all major employment centers throughout the St. Louis metro and Downtown
  • Tax abatement through 2028 (The Lange) and 2033 (3620 Texas Ave.)
  • Room to raise rents through new ownership period

OVERVIEW

CBRE is pleased to present The Lange and 3620 Texas Avenue, a two-property multifamily portfolio located in the historic Gravois Park neighborhood of St. Louis, Missouri. This rare offering consists of two contiguous assets totaling 27 units. The Lange is a historic redevelopment originally built in 1884 and fully renovated in 2018 with 15 thoughtfully modernized units featuring stainless steel appliances, updated kitchens, and quartz countertops. 3620 Texas Avenue, completed in 2022, introduces 12 brand-new construction units with high-quality finishes and contemporary design. Residents enjoy secured gated access, a private outdoor terrace, controlled courtyard entry, and off-street gated parking. Situated between Cherokee Street and Chippewa Street, the portfolio occupies a 0.64-acre site and is offered on a free and clear basis at an asking price of $4,500,000.

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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