3 Bruce Drive Florissant, MO 63031

This four-family building is located on a quiet cul-de-sac in Florissant, Missouri, and is part of a larger 44-unit apartment complex consisting of seven buildings. The complex has undergone extensive renovations between 2023 and 2026, with over $2.2 million in capital improvements completed throughout the property. Upgrades include improvements to electrical systems, common areas, windows, water heaters, furnaces, and condensers. The building features 2-bedroom units with 3,536 square feet, a pitched roof, and central heating and cooling. Each four-family building includes five off-street parking spaces. Units offer washer and dryer hookups, with additional potential to add shared laundry facilities. All four units within the building feature similar updates, providing consistency in layout and finishes across the property. The 0.2025-acre lot contains a building with 5,280 square feet of space. Current rents are below market, presenting an opportunity for future rent growth. Market data indicates average rents of approximately $1,050 for two-bedroom units within a five-mile radius. At least one unit per building may be available for showings or potential owner-occupancy. Conveniently located near Lambert International Airport and major employers such as Boeing and Amazon, the property benefits from strong employment drivers in the surrounding area. The buildings are located within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development, which will further enhance the surrounding area.