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Syndicate Building 915 Olive St

94 Unit Apartment Building $8,050,000 ($85,638/Unit) Saint Louis, MO 63101

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Executive Summary

CBRE is pleased to offer for sale The Syndicate, a premier multifamily property in Downtown St. Louis. The sale includes 70 of the 172 units, across floors 4-8, and 19,152 square feet of ground level retail. Currently, 4,740 square feet of retail space is occupied by American Dental Partners of Missouri and Clarkson Eyecare. The remaining 14,412 square feet is vacant, providing new ownership potential for value-add through retail lease-up.

Property Facts

Price	$8,050,000	Building Class	B
Price Per Unit	$85,638	Lot Size	0.69 AC
Sale Type	Investment	Building Size	112,800 SF
No. Units	94	No. Stories	16
Property Type	Multifamily	Year Built	2007
Property Subtype	Apartment	Parking Ratio	0.06/1,000 SF
Apartment Style	High Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$8,050,000
Price Per Unit	$85,638
Sale Type	Investment
No. Units	94
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	High Rise
Building Class	B
Lot Size	0.69 AC
Building Size	112,800 SF
No. Stories	16
Year Built	2007
Parking Ratio	0.06/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.