3119 Morganford Road 3119 Morgan Ford Road
St. Louis, MO 63116
For Sale
9,000 sqft
Sale Price
$1,650,000
Property Website
Map
Multifamily For Sale - Available Immediately
12-Unit Multifamily Opportunity in Tower Grove South Neighborhood of St. Louis
1960s vintage property upgraded with modern touches
Recently renovated units include stainless steel appliances, modern cabinetry, and in-unit washers and dryers
Well-maintained Tower Grove South multifamily investment with stable in-place cash flow
Located in an established residential neighborhood with off-street parking
Historically strong occupancy - currently 100%
All 1-bedroom units, capturing the largest segment of the local rental demographic ,including young professionals and students
Opportunity to increase revenue through strategic rent growth and operational efficiencies
Proven South City location with strong long-term multifamily fundamentals
Located next to Tower Grove Park, shopping, dining, and public transportation
Convenient access to Interstate 44, Downtown St. Louis, and major employment centers
Diverse local economy supports a broad and stable tenant base
Get in touch
Matt Bukhshtaber
Max Barron
Kenin Halilovic
Mark Bukhshtaber
CBRE, as exclusive marketing advisor, is pleased to present 3119 Morganford Road (the “Property”), a 12-unit multifamily investment opportunity located in South St. Louis. The Property offers investors the opportunity to acquire a well-maintained asset with stable in-place cash flow and strong underlying rental demand.
Situated in the Tower Grove South neighborhood, 3119 Morganford Road benefits from convenient access to Downtown St. Louis, Interstate 55, major employment centers, public transportation, and a diverse mix of neighborhood retail, dining, and recreational amenities.
Total Space Available
9,000 sqft
Sale Price
$1,650,000
Get in touch
Matt Bukhshtaber
Max Barron
Kenin Halilovic
Mark Bukhshtaber