Bell Lofts
Strong Cash Flow Loft Asset with $90K+ Upside in Downtown St. Louis
Marketing description
315 Lofts is a 24-unit multifamily property located in the heart of downtown St. Louis, just steps from the courthouse, SLU Law School, and several major redevelopment projects. The property features a desirable mix of one- and two-bedroom loft-style units and offers strong in-place cash flow with multiple avenues for increasing revenue.
Currently generating approximately $28,964 in monthly rental income, the asset presents a compelling value-add opportunity with over $7,600 in monthly upside (approximately $91,000 annually) by bringing in-place rents to market levels. Additional upside exists through lease-up of vacant units and continued operational efficiencies.
The property offers short-term rental (STR) potential, providing investors with the opportunity to capture premium rental rates as part of a diversified rental strategy. STR usage is subject to local regulations and permitting, allowing buyers to evaluate and implement this strategy as part of their business plan.
Situated in a central downtown location surrounded by employment centers, residential density, and ongoing public and private investment, 315 Lofts provides investors with a rare opportunity to acquire a cash-flowing asset with clear and scalable upside through both traditional and alternative rental strategies.
The opportunity becomes even more attractive when combined with the adjacent 315 Lofts (20 units) and the parking lot at 1001 Olive Street, allowing investors to acquire a scaled downtown portfolio with operational efficiencies and diversified income streams.
Offered at a discounted portfolio price of $5,250,000, this is a rare opportunity to acquire scale, in-place cash flow, and significant upside in one of St. Louis’ most active and evolving submarkets.
Investment highlights
Strong In-Place Cash Flow – ~$28,964/month current rental income
Significant Rental Upside – $7,600+ monthly (~$91K annually) to market rents
Value-Add Opportunity – Mark-to-market rents + lease-up of vacant units
STR / Airbnb Potential – Ability to capture premium rents (subject to regulations)
24-Unit Multifamily Asset – Mix of 1BR and 2BR loft-style units
Prime Downtown Location – Near courthouse, SLU Law, and major developments
Multiple Revenue Strategies – Long-term leases, STR, or hybrid model
Below-Market Rents – Opportunity to increase NOI with limited capital
Surrounded by Growth – Located in an area seeing continued investment and redevelopment
Portfolio Scale Opportunity
Includes:
315 Lofts (20 units)
Bell Lofts (24 units)
1001 Olive Parking Lot
Total: 44 units + parking income
Economies of scale across assets
Discounted Portfolio Pricing
Offered at $5,250,000
Opportunity to acquire below stabilized value
Value creation through execution—not speculation
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