Forest Grove Apartments
Description
Where quality living and promising returns come together
Forest Grove Apartments features 32 units, including 28 spacious two-bedroom apartments and 4 expansive three-bedroom townhomes. Each unit boasts generous floor plans over 1,000 square feet, offering plenty of room to live and grow. With average rents around $1,020, residents enjoy a great value in a comfortable setting. In 2022, the property underwent major capital improvements, ensuring a fresh and modern living experience. Investors will appreciate the impressive $50,000 annualized rental upside, highlighting the property’s strong potential for growth and profitability.
Address
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Address 1245 North and South Road
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Country United States
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Province/State Missouri
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Neighborhood University City
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Postal code/ZIP 63130
Overview
- Property ID 9510
- Price $3,350,000
- Property Type Multi-Family
- Property status Escrow
- Year Built 1960
- Units 32
Contact
Mike Zangara
Property Agent
1750 S. Brentwood Blvd Suite 600 St. Louis MO 63144
mzangara@mo-apartmentadvisors.com