5500 Mable AVE Active Save Request In-Person Tour Request Virtual Tour
Kinloch,MO 63140
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
Year Built 1969
Building Age 55
Lot Size 4.070 Acres
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
Laundry Prvt Laund all units
Building
Sewer Public Sewer
Water Public
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