Grant's Trail Apartments 2616 Union Road
St. Louis, MO 63125
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Multifamily For Sale - Available Immediately
76-Unit Multifamily Investment Opportunity in South St. Louis, Missouri | Grant's Trail
Established 76-unit multifamily property located in Mehlville within the South County submarket
Value-add opportunity through continued units upgrades allowing rent upside for new ownership
Well-maintained brick construction
Strong in-place cash flow with occupancy at 96.0%
Large floor plans, averaging 1,006 SF
Favorable mix of one and two-bedroom apartment floor plan styles with 63% being two-bedroom units
One-mile demographics with an average household income of $91,628 reflect a solid middle-class foundation
Superb location, close to I-55 providing convenient access to all major employment centers throughout the St. Louis metro
High barrier to entry market
Offered free and clear of encumbrances and below replacement cost
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Matt Bukhshtaber
Max Barron
Kenin Halilovic
Mark Bukhshtaber
CBRE, as exclusive advisor, is pleased to present the opportunity to acquire Grant’s Trail Apartments (the “Property”). This 76-unit apartment community is strategically located in the South County submarket of St. Louis, Missouri.
The Property offers newly renovated one and two bedroom floor plans with spacious layouts, updated kitchens, and new plank flooring, providing the perfect blend of comfort and modern convenience.
Grant’s Trail is offered unpriced on a free-and-clear basis.
The Property offers newly renovated one and two bedroom floor plans with spacious layouts, updated kitchens, and new plank flooring, providing the perfect blend of comfort and modern convenience.
Grant’s Trail is offered unpriced on a free-and-clear basis.
Grant’s Trail Apartments is located in the city of Mehlville, at the intersection of I-55 and Green Park Road. Mehlville is a family-friendly suburban community situated 13 miles southwest of Downtown St. Louis and offers convenient access to shopping centers, including South County Center, Marshalls Plaza, and South Lakeview Plaza.
The South St. Louis County area offers a diverse range of recreational opportunities, from expansive parks and trails to aquatic activities and unique local attractions including Grant’s Farm, a historic farm and tourist attraction and Ulysses S. Grant’s Trail, a 16-mile long bike and walking path.
The South St. Louis County area offers a diverse range of recreational opportunities, from expansive parks and trails to aquatic activities and unique local attractions including Grant’s Farm, a historic farm and tourist attraction and Ulysses S. Grant’s Trail, a 16-mile long bike and walking path.
Sale Price
Contact Broker For Pricing
Get in touch
Matt Bukhshtaber
Max Barron
Kenin Halilovic
Mark Bukhshtaber