Multifamily Property for Sale in St. Louis, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: St. Louis, MO 63104

Description

74-Unit Multifamily Opportunity in St. Louis MSA | The Georgian CBRE is pleased to offer for sale The Georgian Apartments ("Property"), a premier 74-unit residential building located in the heart of St. Louis, Missouri. Built in 1907 and completely renovated in 2020, The Georgian offers a mix of modern and vintage styles, offering residents the perfect blend of classic architecture and contemporary living. The Georgian Apartments provides an unforgettable living experience with unrivaled views of the bustling city and the serene Mississippi River. The Property boasts a range of amenities that cater to the modern urban dweller. These include a state-of-the-art fitness center, a resident lounge, a business center, and a rooftop deck that provides panoramic views of the city. The apartments are a testament to sophisticated urban living, offering spacious floor plans, modern appliances, and high-end finishes. With a range of one and two-bedroom options, The Georgian Apartments cater to a diverse range of residential needs. The Georgian offers residents easy access to a host of dining, shopping, and entertainment options. The Property is also conveniently located near major transportation hubs, making daily commuting a breeze. With its blend of luxury, convenience, and prime location, The Georgian Apartments presents an exceptional investment opportunity for potential buyers.

Market Context

This multifamily in St. Louis, MO is listed for sale. It has been on the market for 163 days. Compare it against other multifamily listings for sale in St. Louis, MO — <a href="/search/sale/multifamily/missouri/st-louis">view the full market</a>.

As of Q3 2017, the St. Louis multifamily market showed a 4.1% vacancy rate, and rents up 2.3% year over year. Source: Cushman & Wakefield Q3 2017 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the St. Louis multifamily market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q3 2017).

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