6010 Kingshighway Blvd StSt. Louis, MO 63109

  • Apartment buildings
For Sale
$2,700,000 View listing

Property Details for 6010 Kingshighway Blvd St

Year built
1940
Property type
Apartment buildings

Description

This exceptional 25-unit apartment building, located at 6010-20 S Kingshighway Blvd in St. Louis, Missouri, presents a compelling investment opportunity. Built in 1940 and extensively renovated in 2013, the property boasts 24,000 square feet of net rentable space. The unit mix includes studios, one, two, and three-bedroom apartments, with a notable 48% comprised of two and three-bedroom units catering to a family-oriented market. Each unit features fully equipped kitchens with stainless steel appliances and quartz countertops, reflecting the high-quality renovation. The property benefits from its location in the Princeton Heights neighborhood of South City, offering convenient access to Highway 55 and downtown St. Louis. The surrounding area demonstrates strong demographics, with an average household income of $96,469 and an average housing value of $256,467 within a one-mile radius. The building also includes the rare amenity of exclusive garage parking. This well-maintained property, situated in a submarket with a history of high occupancy, offers investors a chance to acquire a proven performer with potential for further rental growth. The asking price for this turnkey investment is $2,700,000. The property's zip code is 63109.

6010 Kingshighway Blvd St, St. Louis, Missouri

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.5756
Longitude
-90.2837

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