4140 Washington Avenue, St. Louis, MO 63108 For Sale

Gallery Central West End Apartments

Gallery Central West End Apartments presents a compelling opportunity to acquire a 134-unit, well-located multifamily asset in the Central West End, one of St. Louis’ most supply-constrained and institutionally anchored submarkets. The property benefits from immediate proximity to Barnes-Jewish Hospital, the Washington University Medical Campus, the Cortex Innovation District, and Saint Louis University, creating durable rental demand supported by some of the region’s most stable healthcare, education, and innovation employment anchors.

With strong in-place operations, excellent regional connectivity via Highway 40/I-64, a quiet residential setting just off Washington Avenue, and attractive assumable Fannie Mae debt, Gallery CWE offers investors a rare opportunity to acquire scaled multifamily exposure in one of St. Louis’ most proven urban rental markets.

Premier Central West End Location with Immediate Access to Major Institutional Demand Drivers

Gallery CWE is positioned in the heart of the Central West End, one of the most established and fundamentally sound rental markets in the St. Louis MSA. The property is located minutes from Barnes-Jewish Hospital, the Washington University Medical Campus, the Cortex Innovation District, and Saint Louis University, all of which serve as major long-term demand drivers for the surrounding rental housing market.

Residents also benefit from immediate access to premier lifestyle amenities including Forest Park, the St. Louis Zoo, the Delmar Loop, and the broader Central West End dining, retail, and entertainment corridor. This concentration of employment, education, healthcare, and lifestyle demand has historically supported consistent occupancy and durable rent growth throughout the submarket.

Strong Regional Connectivity via Highway 40/I-64

Gallery CWE offers immediate access to Highway 40/I-64, providing residents with direct connectivity to Downtown St. Louis in approximately 10 minutes while maintaining convenient access to Clayton, the Cortex Innovation District, Midtown, and the broader St. Louis MSA. This regional accessibility broadens the property’s renter base and enhances long-term leasing velocity, making the asset attractive to professionals working throughout the region.

Quiet, Tucked-Away Setting Just Off Washington Avenue

While centrally located within one of St. Louis’ most active urban submarkets, Gallery CWE benefits from a quiet, residential setting just off Washington Avenue. The property offers residents a private neighborhood atmosphere with limited through-traffic, while still maintaining proximity to major employment centers, regional amenities, and premier lifestyle destinations.

This combination of privacy, walkability, and access is increasingly difficult to replicate in the Central West End and strengthens the property’s long-term tenant appeal.

Immediate 134-Unit Scale in a High-Barrier-to-Entry Submarket

With 134 units, Gallery CWE provides meaningful scale within one of the most competitive and supply-constrained multifamily submarkets in St. Louis. The property is large enough to support efficient on-site operations while remaining accessible to a broad buyer pool seeking exposure to high-quality urban assets in a proven rental location.

Given the limited availability of scaled multifamily assets in the Central West End, Gallery CWE represents a rare opportunity to acquire critical mass in a high-barrier-to-entry submarket with durable long-term fundamentals.

Local Long-Term Ownership – Unique Opportunity to Acquire from an Experienced, Stable Owner

Gallery CWE is being offered by long-term local ownership, providing buyers the opportunity to acquire a well-maintained, professionally operated asset from an experienced and stable owner. This ownership history provides confidence in the asset’s performance, supports a smooth transaction process, and offers buyers access to well-documented operations and historical performance.

Offered with Attractive Assumable Debt

Gallery CWE is being offered with attractive assumable Fannie Mae debt, featuring an original principal balance of $9.354 million, a favorable 4.58% fixed interest rate, and 84 months of interest-only payments. With a maturity date of December 31, 2034, the in-place financing provides investors with the ability to assume well-structured agency debt and materially reduce financing risk in today’s capital markets environment.

The assumable debt creates a meaningful positive-leverage opportunity relative to current market financing options and enhances the property’s risk-adjusted return profile for a new investor.