9921 Sloane Sq - Apartments FOR SALE


Saint Louis, MO 63134
$3,800,000 USD
314-662-6453
9921 Sloane Sq, Saint Louis, MO for Sale
$3,800,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

9921 Sloane Sq
Saint Louis, MO 63134


OVERVIEW

Property Basics: 64-unit apartment complex in Woodson Terrace, built in 1965. Prime Location: Located near Lambert Airport, the University of Missouri - St. Louis (UMSL), and major employers like Boeing and Emerson. Unit Mix: 12 one-bedroom units and 52 two-bedroom units, offering various living options to suit different needs. Recent Upgrades: The seller has recently made over $500K in updates to the plumbing, concrete, and various unit upgrades. Other recent updates include–all hardwood and ceramic flooring, all-electric units, pitched roofs, central air, and forced heat. High Occupancy Rate: Currently at a 92.2% occupancy as of February 2024. Spacious Layouts: Approximately 46,410 square feet of building space across 9 buildings, situated on a 3.114-acre lot.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

64

PRICE/UNIT

$59,375

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Timber Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.11 AC

LAND SF

135,646 SF

ZONING

67C-2

APN/PARCEL ID

12K-21-0198

ASK ABOUT THIS PROPERTY

Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

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Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

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