24 South Spring Street
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| Off-campus student housing facility next to Saint Louis University campus |
For Sale
SALE PRICE: $12,500,000
48 units - 75,000 SF
Class A student housing facility with 100% historical occupancy next to a major University.
Opportunity for above market rental growth, and preleased apartments through August 2013
Spring Street Lofts is a newer highend off-campus student housing facility next to Saint Louis University campus. The three story, 75,000 SF building contains 48 loft apartments and a 7,500 SF campus oriented restaurant and bar along with secured garage parking. The property has been at 100% occupancy since completion in 2009 and is preleased through August 2013. The successful restaurant is on a long term NNN lease.
Located directly next to Saint Louis University campus at the corner of Spring Street and Forest Park Avenue in midtown City of Saint Louis.
Contact us for more information...
#2 Meramec Avenue 3rd Floor | St. Louis, MO 63105
ph. 314-725-2414 | f. 314-725-0117
info@schlaflycorp.com | 2007© Schlafly Corporation
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| Fully occupied Class A apartment community in Saint Louis. For more information... |