5101 S. Kingshighway, St. Louis, MO 63109
$1,400,000 (Listed Sold)

Rare Opportunity To Purchase 19 Unit Complex in South Hampton Neighborhood

*click image to start slideshow

Invest in St. Louis

-This well-maintained apartment complex is located in the South Hampton neighborhood across the street from Christy Park and a half-mile from a $72M development planned covering 12 acres on Kingshighway.

-There is a value add component to the property with a strong rental market in the area. Similar sized updated one-bedroom apartments renting for as much as $950.

-Completing a cosmetic update of the units including kitchens, baths, HVAC and in-unit laundry could generate top of the market rents. There is a closet in the apartments that would work well for in-unit laundry.

-A lesser cosmetic update of the units including kitchens and baths could also potentially raise rents significantly.

-Built-in 1928 this building has beautiful architectural detail with interior features like common areas with terrazzo floors.

-Building has updated electric panels and exterior service, storage units for tenants, common area laundry, some pvc plumbing, seller currently provides heat through a boiler system.

-There are 3 commercial spaces on the first floor with 2 occupied. These commercial spaces could be converted to apartments as well to have an all apartment complex.

Property Location

Property Details:
Square Footage: 13,869 County: St. Louis City Units: 10+ Condition: Turn Key Occupancy: Some Units Vacant Parking: On Street Parking Heating: Radiant Heat Cooling: Central Electric Construction: Brick Basement: Stone
Home Amenities:
  • Fridge
  • Stove
  • Hardwood Floors
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.