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4321 MANCHESTER AVE Saint Louis MO 63110-2137

APN 51129135000

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Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building
Building SqFt 23,520
Lot SqFt 12,258
Acreage ******
Number of Units 21
Zoning Code G
Year Built 2016
Building Count 2
Opportunity Zone Yes
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******
Tax Year ******

Property History

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Property Type
Property Type
Multifamily
Marketing Description
Colliers International is pleased to exclusively offer “4321 Grove”, the innovative mixed-use development of 20 residential units and street level retail at 4321 Manchester Avenue (the Property). This investment asset is located in the heart of the vibrant entertainment and business district known as “The Grove”.


The Property is situated just outside of the downtown St. Louis central business district, in the city’s central corridor, which is in the midst of a $10 billion tech and healthcare-related development boom. The location benefits from outstanding access to transportation, with the city’s two main east/west interstate highways. St. Louis’ greatest assets are concentrated in this corridor, including nationally recognized institutions in healthcare, education and research, culture, entertainment, along with the best urban neighborhoods.

The offering of this property presents investors with a unique opportunity to acquire a well-stabilized asset in one of the region’s most- flourishing areas anchored by major employers, higher education, healthcare, entertainment and nightlife.

Investment Highlights
  • STRATEGIC LOCATION Located directly in the heart of The Grove, an eclectic, yet established business and entertainment district adjacent to iconic Forest Park and renowned institutions such as Washington University, BJC Healthcare, St. Louis University, St. Louis Children’s Hospital, St. Louis College of Pharmacy, and the acclaimed Cortex Innovation Community.
  • VALUE-ADD OPPORTUNITY IN BOOMING AREA Rental rates for the commercial spaces and the residential units are below-market which presents the opportunity to raise the rents significantly.
  • QUALITY CONSTRUCTION Built in 2016, consisting of 20 spacious residential units, two commercial retail units, and enclosed structured parking.
  • MODERN DESIGN WITH HIGH-END FINISHES Brick, metal, and composite exterior finishes complement granite counter

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JH
Joseph Hill PRO
LIC: MO 2006005161
•••.•••.3529
•••.hill@••••••••.com
Brokerage logo
Listing removed on
 BY:
GR
Greg Russell
LIC: MO 2016037271
•••.•••.6204
••••.•••sell@••••••••.com
Brokerage logo

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