University Villa Apartments 4318 Walker Lane
St. Louis, MO 63121
For Sale
50,000 sqft
Sale Price
$6,750,000
Brochure
Property Website
Map
Multifamily For Sale - Available Immediately
76 Unit Value-Add Opportunity with 100% Occupancy, Near University of St. Louis, Missouri
Established 76-unit multifamily property located in St. Louis with direct access to the University of Missouri-St. Louis campus
Well-maintained brick construction
All roofs were replaced in 2021
Full gut rehabbed of all units was completed in 2015
Below-market rents allowing immediate value-add for new ownership
Strong in-place cash flow with occupancy at 100%
Favorable mix of one and two-bedroom apartment floor plan styles with 53% being 2-bedroom units
Each building has shared laundry facilities
One-Mile Demographics with an average household income of $73,446 reflects a solid middle-class foundation
Ample parking of 95 spaces in gated lot
Easy access to I-70 and walking distance to MetroLink stop
High barrier to entry market
Offered free and clear of encumbrances and below replacement cost
Get in touch
Matt Bukhshtaber
Kenin Halilovic
CBRE, as exclusive marketing advisor, is pleased to present the opportunity to acquire University Villa Apartments (“the Property”), a 76-unit, garden-style apartment community situated on 2.13 acres in St. Louis, Missouri. Constructed in 1947, 1963 and 1965, and fully-renovated in 2015, the residential property includes 50,000 total square feet of rental space throughout eight buildings.
Investors have an opportunity to acquire a well-performing multifamily asset that is primed for rent upside. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases.
University Villa Apartments is ideally located with direct access to the University of Missouri-St. Louis campus with more than 14,000 students and ±1,000 faculty. The Property is being sold on a free & clear basis.
Investors have an opportunity to acquire a well-performing multifamily asset that is primed for rent upside. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases.
University Villa Apartments is ideally located with direct access to the University of Missouri-St. Louis campus with more than 14,000 students and ±1,000 faculty. The Property is being sold on a free & clear basis.
Normandy, Missouri is a small, historic city located in north St. Louis County with a population of approximately 4,287 residents. The city is partially home to the University of Missouri–St. Louis (UMSL), providing access to higher education and cultural events. Residents of University Villa Apartments benefit from convenient public transportation via the MetroLink UMSL South Station, and the city has invested in revitalization projects like the Natural Bridge Road “Great Streets” initiative to improve walkability and aesthetics. Normandy also features a public library branch, a strong local school district, and proximity to major highways and employment centers, making it a desirable and accessible place to live.
University Villa Apartments are also just under five miles from Lambert-St. Louis International Airport, making them a great choice for frequent travelers or airline professionals.
For shopping and daily needs, residents have access to several nearby centers including North Oaks Plaza and Beverly Hills Shopping Center, along with grocery options like ALDI, Schnucks, and Sav-A-Lot.
Employment opportunities are abundant in the area, with major employers such as Express Scripts headquartered nearby. The community also benefits from quick access to I-70 and I-170, making commutes to business districts in Clayton, downtown St. Louis, and beyond both fast and convenient.
University Villa Apartments are also just under five miles from Lambert-St. Louis International Airport, making them a great choice for frequent travelers or airline professionals.
For shopping and daily needs, residents have access to several nearby centers including North Oaks Plaza and Beverly Hills Shopping Center, along with grocery options like ALDI, Schnucks, and Sav-A-Lot.
Employment opportunities are abundant in the area, with major employers such as Express Scripts headquartered nearby. The community also benefits from quick access to I-70 and I-170, making commutes to business districts in Clayton, downtown St. Louis, and beyond both fast and convenient.
Total Space Available
50,000 sqft
Sale Price
$6,750,000
Get in touch
Matt Bukhshtaber
Kenin Halilovic