Multifamily For Sale • 138,645 SF
| Both properties are 100% leased with waiting lists for one-bedroom units. |
| St. Catherine: 86 units (one- and two-bedroom), built 1989; Veronica Place: 79 units (one- and two-bedroom), built 1980. |
| Market-rate, independent living for residents aged 55+. |
| Significant recent capital expenditures: $958,000 at St. Catherine (including new roof, HVAC, and common area upgrades); $1,540,000 at Veronica Place. |
| Value-add potential through continued unit renovations (95% of units at St. Catherine and 75% at Veronica Place eligible for upgrades). |
| Properties can be purchased individually or as a portfolio. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lambert Airport East Terminal (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 14 min | - | 9.5 mi |
| North Hanley (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 14 min | - | 9.6 mi |
| Airport | Drive | Walk | Distance |
| St Louis Lambert International | 14 min | - | 7.9 mi |
| Scott AFB/Midamerica St Louis | 58 min | - | 37.2 mi |