Sunnyland Apartments 2600 Tyrell Drive
Jennings, MO 63136
For Sale
50,800 sqft
Sale Price
$4,100,000
Property Website
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Multifamily For Sale - Available Immediately
60-Unit Value-Add Multifamily Community in St. Louis MSA
60-unit asset located in the heart of Jennings in the St. Louis MSA
Value-add opportunities through upgrades and/or increasing in-place rents to market rate
Prime location close to retail, schools, and major employment hubs
Strong workforce housing demand in North St. Louis County supporting stable occupancy and cash flow
Proximity to the University of Missouri–St. Louis (UMSL), which supports sustained rental demand, along with close access to Express Scripts, a major regional employment hub driving strong renter and workforce activity
Close proximity to the $1.8 billion dollar Boeing defense campus expansion redevelopment providing improved occupancy demand
Offered below replacement cost, providing an attractive basis and long-term appreciation potential
Excellent access to Hwy 70 and Hwy 270; less than 10 miles from Lambert-St. Louis International Airport and 14 miles to downtown St. Louis
Delivered free and clear of existing debt, allowing flexibility in financing structure
Get in touch
Kenin Halilovic
Matt Bukhshtaber
Max Barron
CBRE is pleased to offer for sale Sunnyland Apartments (the “Property”), a 60-unit apartment community located in St. Louis, Missouri. Built in 1962-1966, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate.
Sunnyland Apartments features 1- and 2-bedroom apartments (Group A) and 3-bedroom townhomes (Group B) with a variety of floor plans.
Sunnyland Apartments features 1- and 2-bedroom apartments (Group A) and 3-bedroom townhomes (Group B) with a variety of floor plans.
Only 2.5 miles from I-70, 8 miles from Lambert-St. Louis International Airport and 10 miles from downtown St. Louis, this property is in a prime location with easy access to the city’s cultural and recreational attractions, making it an ideal investment opportunity in the St. Louis MSA.
Total Space Available
50,800 sqft
Sale Price
$4,100,000
Get in touch
Kenin Halilovic
Matt Bukhshtaber
Max Barron