New Offering: 104-Unit Asset, Fully Renovated in 2015 | St. Louis, MO

Download Offering Materials: Suburban Heights

Capstone Apartment Partners is pleased to present Suburban Heights: a 1960s vintage, 104-unit, garden-style apartment community in St. Louis. The property is comprised of 6 two-story buildings in a dynamic setting near St. Louis Airport, the University of Missouri-St. Louis, and an abundance of employment opportunities. Suburban Heights boasts minimal deferred maintenance with prior ownership completing a property wide renovation in 2015. This asset is an ideal opportunity for a market-supported value-add program, as well as being positioned in an opportunity zone. Furthermore, Suburban Heights is exceptionally well-positioned within the extremely resilient St. Louis multi-family market, making this a desirable opportunity for incoming investors to break into the market or grow their current footprint.

Investment Highlights
Gated Community with Minimal Deferred Maintenance
Ideal Value-Add Opportunity
Located Within an Opportunity Zone
Proximity to the University of Missouri-St. Louis