2000-04 Bellevue Avenue
24‑Unit Multifamily in Prime Maplewood Location | 100% Occupancy | 2000-04 Bellevue Avenue
Marketing description
CBRE is pleased to present the opportunity to acquire 2000-04 Bellevue Avenue, a 24-unit turn-key multifamily asset located in Maplewood, a desirable suburban community within the St. Louis MSA.
The Property features 24 newly renovated one and two-bedroom units in two buildings. The property has strong historical occupancy and is currently 100% occupied.
Recent capital improvements encompass comprehensive unit renovations, including gourmet kitchens outfitted with new white shaker cabinetry, elegant tile backsplashes, and premium quartz countertops. Bathrooms have been similarly upgraded with contemporary tile shower surrounds, modern vanities, and updated chrome fixtures.
Strategically positioned in Maplewood, 2000-04 Bellevue Avenue benefits from excellent connectivity, located between Big Bend Road and McCausland Avenue, and less than one mile from the I-64 and Big Bend Avenue Interchange. Maplewood is a highly sought-after, family-friendly suburban enclave, approximately four miles from Clayton and ten miles southwest of Downtown St. Louis.
2000-04 Bellevue Avenue is offered on a free-and-clear basis.
Investment highlights
- 24 unit turn-key multifamily property located in Maplewood, Missouri
- Completely renovated with new kitchens and bathrooms with white cabinets and quartz countertops. Hardwood floors throughout the units. Laundry in basement and off-street parking behind the building
- Property has strong historical occupancy - currently 100%
- Excellent 3-Mile Demographics: Avg HH Income: $137,453; Avg. Home Value: $442,045
- Located in highly-ranked Maplewood-Richmond Heights School District (Top 13% Nationwide and #13 in Missouri by Niche)
- Superb location, close to 1-64 providing convenient access to all major employment centers throughout the St. Louis metro.
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