Investment Overview

Marcus & Millichap is pleased to present Le Coeur Apartments located in Saint Ann, Missouri of St. Louis County. This multifamily property consists of four buildings and 96 units that includes a unit mix of sixty-four (64) one-bedroom units and thirty-two (32) two-bedroom units. Le Coeur Apartments was constructed in 1971 on 3.37 acres of land. The property includes an inground pool for the tenants to enjoy, as well as a newly constructed playground. The property is currently 94% occupied with only four vacancies outside of the two units being used as an office and a model unit. The property is located just ten minutes from the St. Louis Lambert International Airport, which serves nearly 10.5 million passengers annually. Adjacent to the airport, NorthPark Partners developed a 550-acre premier industrial park that includes over five million square feet of industrial space which has brought nearly 5,000 permanent jobs to the area. Le Coeur Apartments is just two miles from Interstate 170, providing tenants with a twenty-minute drive to downtown St. Louis. With that, tenants are just a short drive away from experiencing attractions such as the Gateway Arch, Busch Stadium, St. Louis Aquarium, and the Saint Louis Zoo.