Pine Tree Apartments is a 65-unit multifamily property located in the sought-after Fenton area of Jefferson County. Constructed from 1981-1992 and situated on 3.2 acres, the property has been owned and managed by the same family for over 40 years, reflecting strong long-term care and consistent performance.

Each unit is all-electric, with 25 units featuring washer/dryer hookups where residents supply their own appliances. The remaining 40 units utilize the on-site laundromat facility. The property has 28 units recently upgraded with new kitchens and features new roofs throughout.

Pine Tree offers a rare value-add opportunity with below-market rents and significant upside potential through continued renovations and professional management. The expansive land provides future flexibility for added amenities or potential expansion. This is an ideal acquisition for investors seeking stable cash flow with long-term growth in a strong suburban market.