Select Properties
Michael Hofmeister, Select PropertiesPhone: (314) 323-8003
Email: [email protected]

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listing
1 of 40
CommercialFor Sale
$6,500,000
5500 Mable Avenue
Kinloch, MO 63140
Courtesy of Cbre Inc.
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$33,652/mo

We are pleased to offer for sale Suburban Heights, a 103-unit value-add multifamily community located in St. Louis, Missouri. Suburban Heights consists of six buildings totaling 103 units. Built in 1969 and renovated in 2016, the property includes 8 one, 48 two, and 47 three-bedroom floor plans with in-unit washers and dryers. Suburban Heights has been a strong performer with 92.2% occupancy. Average rents are $805; $124 below comparable product in the area. The property has an amenity package including fully-gated community, key-fob access, ample off-street parking, manicured landscaping, and a pet friendly community. The property is located with 5 miles of St. Louis Lambert International Airport and less than two miles from The University of Missouri St. Louis (UMSL) campus.

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Information courtesy of Cbre Inc. is subject to verification and is not guaranteed.
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