Kinloch, MO 63140,5500 Mable AVE
Kinloch, MO 63140,5500 Mable AVE
Kinloch, MO 63140,5500 Mable AVE
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$6,500,000
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75,077 SqFt
Active

5500 Mable AVE Kinloch, MO 63140

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Amanda Alejandro

Amanda Alejandro

Realty Shop

+1(636) 544-2288

UPDATED:

10/16/2024 05:26 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 75,077 sqft

Price per Sqft $86

Subdivision South Kinloch Park Second Add

MLS Listing ID 24063173

Construction Status 55

Year Built 1969

Building Age 55

Lot Size 4.070 Acres

Acres 4.07

Lot Dimensions 85056 sf

Property Description

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.

Location

State MO

County St Louis

Area North

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Laundry Prvt Laund all units

Building

Sewer Public Sewer

Water Public

Construction Status 55

Schools

Elementary Schools Cool Valley Elem.

Middle Schools Berkeley Middle

High Schools Mccluer South-Berkeley High

School District Ferguson-Florissant R-Ii

Others

Acceptable Financing Cash Only, Conventional, Exchange, Government, Private

Listing Terms Cash Only, Conventional, Exchange, Government, Private

Special Listing Condition None


Listed by Matt Bukhshtaber • CBRE Inc.

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Amanda Alejandro

+1(636) 544-2288

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5500 Mable AVE