Timber Place Apartments | 9921 Sloane Sq
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Timber Place Apartments 9921 Sloane Sq
64 Unit Apartment Building $3,925,000 ($61,328/Unit) Saint Louis, MO 63134
Executive Summary
Property Basics: 64-unit apartment complex in Woodson Terrace, built in 1965.
Prime Location: Located near Lambert Airport, the University of Missouri - St. Louis (UMSL), and major employers like Boeing and Emerson.
Unit Mix: 12 one-bedroom units and 52 two-bedroom units, offering various living options to suit different needs.
Recent Upgrades: The seller has recently made over $500K in updates to the plumbing, concrete, and various unit upgrades. Other recent updates include–all hardwood and ceramic flooring, all-electric units, pitched roofs, central air, and forced heat.
High Occupancy Rate: Currently at a 92.2% occupancy as of February 2024.
Spacious Layouts: Approximately 46,410 square feet of building space across 9 buildings, situated on a 3.114-acre lot.
Prime Location: Located near Lambert Airport, the University of Missouri - St. Louis (UMSL), and major employers like Boeing and Emerson.
Unit Mix: 12 one-bedroom units and 52 two-bedroom units, offering various living options to suit different needs.
Recent Upgrades: The seller has recently made over $500K in updates to the plumbing, concrete, and various unit upgrades. Other recent updates include–all hardwood and ceramic flooring, all-electric units, pitched roofs, central air, and forced heat.
High Occupancy Rate: Currently at a 92.2% occupancy as of February 2024.
Spacious Layouts: Approximately 46,410 square feet of building space across 9 buildings, situated on a 3.114-acre lot.
Property Facts
| Price | $3,925,000 | Building Class | C |
| Price Per Unit | $61,328 | Lot Size | 3.11 AC |
| Sale Type | Investment | Building Size | 46,410 SF |
| No. Units | 64 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low Rise |
| Price | $3,925,000 |
| Price Per Unit | $61,328 |
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 3.11 AC |
| Building Size | 46,410 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1965 |
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Walk-In Closets
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 625 |
| 2+1 | 52 | - | 750 |
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PROPERTY TAXES
| Parcel Number | 12K-21-0198 | Improvements Assessment | $837,150 |
| Land Assessment | $60,800 | Total Assessment | $897,950 |
PROPERTY TAXES
Parcel Number
12K-21-0198
Land Assessment
$60,800
Improvements Assessment
$837,150
Total Assessment
$897,950
zoning
| Zoning Code | 67C-2 |
| 67C-2 |
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Timber Place Apartments | 9921 Sloane Sq
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