Active
5500 Mable Avenue
Kinloch MO, 63140
$6,500,000
$86.58 per sqft
Active
75,077 sqft
Commercial
Built in 1969
We are pleased to offer for sale Suburban Heights, a 103-unit value-add multifamily community located in St. Louis, Missouri.
Suburban Heights consists of six buildings totaling 103 units. Built in 1969 and renovated in 2016, the property includes 8 one, 48 two, and 47 three-bedroom floor plans with in-unit washers and dryers.
Suburban Heights has been a strong performer with 92.2% occupancy. Average rents are $805; $124 below comparable product in the area.
The property has an amenity package including fully-gated community, key-fob access, ample off-street parking, manicured landscaping, and a pet friendly community.
The property is located with 5 miles of St. Louis Lambert International Airport and less than two miles from The University of Missouri St. Louis (UMSL) campus.
24063173
MLSⓇ ID
October 8, 2024
Listed
October 16, 2024
Updated
Map
5500 Mable Avenue
Kinloch MO, 63140
Interior Features
Laundry Description
Prvt Laund all units
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
4.07 Acres
Sewer
Public Sewer
School Information
School District
Ferguson-Florissant R-II
High School
Mccluer South-Berkeley High
Elementary School
Cool Valley Elem.
Other Property Details
Area Name
North
Taxes
$43,894
Tax Frequency
Annually
Days on Market
8
Garage
No
Parking
Space/Unit - 2, Parking Lot
View
No
County
St Louis
Municipality
Kinloch
Water Source
Public
Pool
No
Courtesy of CBRE Inc., Matt Bukhshtaber
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