Multi-Family for Sale: 5500 Mable Avenue, Kinloch, MO 63140

75,077 sqft
$6,500,000
$6,500,000
5500 Mable Avenue, Kinloch, MO 63140
75,077 sqft
$6,500,000
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Price:
$6,500,000
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Type Multi-Family
Square Footage 75,077 sqft
Lot Size 4.07 acres
Year Built 1969
Taxes Paid $43,894
City Kinloch
County St Louis
School District Ferguson-Florissant R-II
Subdivision South Kinloch Park Second Add
MLS 24063173
Status Active
DOM 48 days
We are pleased to offer for sale Suburban Heights, a 103-unit value-add multifamily community located in St. Louis, Missouri. Suburban Heights consists of six buildings totaling 103 units. Built in 1969 and renovated in 2016, the property includes 8 one, 48 two, and 47 three-bedroom floor plans with in-unit washers and dryers. Suburban Heights has been a strong performer with 92.2% occupancy. Average rents are $805; $124 below comparable product in the area. The property has an amenity package including fully-gated community, key-fob access, ample off-street parking, manicured landscaping, and a pet friendly community. The property is located with 5 miles of St. Louis Lambert International Airport and less than two miles from The University of Missouri St. Louis (UMSL) campus.

Lot & Building Features

Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Space/Unit - 2+
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 85056 sf ft

Community and Schools

Elementary School Cool Valley Elem.
Junior High School Berkeley Middle
Senior High School Mccluer South-Berkeley High

Price History of 5500 Mable Avenue, Kinloch, MO

Date Name Price Difference
10/08/2024 Listing Price $6,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Rachel Deason
Rachel Deason
SALES ADVISOR
Direct: 314-440-2363
Office
185 B West Hwy D
Wentzville, MO 63385
636-398-5770
Listed by CBRE Inc., Matt Bukhshtaber & Corey Egan
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6.75%
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5500 Mable Avenue (MLS #24063173) is a multi-family listing located in Kinloch, MO. This multi-family listing is 75,077 sqft and on a lot of 177,289 sqft (or 4.07 acres) and is 55 years old. This property was listed on 10/08/2024 and has been priced for sale at $6,500,000.

Nearby zip codes are 63042, 63114, 63121, 63134 and 63135. This property neighbors other cities such as Berkeley, Cool Valley, Ferguson, Normandy and St Louis.

Maris

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Listing information courtesy of: CBRE Inc.

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