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.
Lot & Building Features
CoolingElectric
Heat SourceElectric
HeatingForced Air
Parking DescriptionParking Lot, Space/Unit - 2+
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions85056 sf ft
Community and Schools
Elementary SchoolCool Valley Elem.
Junior High SchoolBerkeley Middle
Senior High SchoolMccluer South-Berkeley High
Price History of 5500 Mable Avenue, Kinloch, MO
Date
Name
Price
Difference
10/08/2024
Listing Price
$6,500,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5500 Mable Avenue (MLS #24063173) is a multi-family listing located in Kinloch, MO.
This multi-family listing is 75,077 sqft and on a lot of 177,289 sqft (or 4.07 acres) and is 55 years old. This property was listed on 10/08/2024 and has been priced for sale at $6,500,000.
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Listing information courtesy of: CBRE Inc.
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