Multifamily
Linden Apartments
2350 McCausland Ave, St. Louis, MO 63143
Listing Price: $3,300,000
Investment Overview
Marcus & Millichap is pleased to present the Linden Apartments located at 2350-2358 McCausland Avenue, St. Louis, Missouri. This fully renovated 30-unit apartment complex has a gross building area of 17,250 square feet and is situated on a 0.75-acre lot. Positioned in the heart of the Southwest City/MidCounty Border. Locals view this pocket as a seamless transition zone where the urban grid of southwest St. Louis City meets the dense, walkable inner ring suburbs of St. Louis County. This area in St. Louis offers a highly accessible and affordable alternative to neighboring premium hubs like Clayton. Southwest City/Mid-County Border has experienced a moderate year-over-year upward climb of roughly 1.6 percent to 6.8 percent. This reflects sustained demand for the walkable Manchester Avenue Corridor. This area’s average one-bedroom cost (~$983) is vastly more economical than in nearby Clayton (~$1,959), while keeping immediate access to MetroLink rail stations.
Linden Apartments
Investment Highlights
- The 30-Unit Multifamily Asset Offers 17,250 Square Feet of WellMaintained Living Space Situated on a 0.75-Acre Lot
- The Property is Centrally Located at the Southwest City/Mid-County Border, One of the Most Desirable Parts of the City of St. Louis, Missouri
- Recent Capital Improvements Including New Unit Interiors, New Roofs and mechanical Enhance Long-Term Investment Stability
Exclusively Listed By
Financing By
Listing Price: $3,300,000
Investment Highlights
- The 30-Unit Multifamily Asset Offers 17,250 Square Feet of WellMaintained Living Space Situated on a 0.75-Acre Lot
- The Property is Centrally Located at the Southwest City/Mid-County Border, One of the Most Desirable Parts of the City of St. Louis, Missouri
- Recent Capital Improvements Including New Unit Interiors, New Roofs and mechanical Enhance Long-Term Investment Stability
Investment Overview
Marcus & Millichap is pleased to present the Linden Apartments located at 2350-2358 McCausland Avenue, St. Louis, Missouri. This fully renovated 30-unit apartment complex has a gross building area of 17,250 square feet and is situated on a 0.75-acre lot. Positioned in the heart of the Southwest City/MidCounty Border. Locals view this pocket as a seamless transition zone where the urban grid of southwest St. Louis City meets the dense, walkable inner ring suburbs of St. Louis County. This area in St. Louis offers a highly accessible and affordable alternative to neighboring premium hubs like Clayton. Southwest City/Mid-County Border has experienced a moderate year-over-year upward climb of roughly 1.6 percent to 6.8 percent. This reflects sustained demand for the walkable Manchester Avenue Corridor. This area’s average one-bedroom cost (~$983) is vastly more economical than in nearby Clayton (~$1,959), while keeping immediate access to MetroLink rail stations.
Exclusively Listed By
Financing By
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