3530 Utah St, Louis, MO 63118

Located at 3530 Utah Street in St Louis, MO, the La Maison apartments offer a unique investment opportunity in a meticulously restored historic schoolhouse in Tower Grove East. This boutique-style building features a variety of floor plans, including studio, one-bedroom, and two-bedroom units, many of which offer high-demand loft-style layouts. Each of the apartments is finished with premium finishes, including quartz countertops, custom cabinetry, stainless steel appliances, and original hardwood flooring. The architectural integrity of the building is preserved through soaring ceilings and oversized windows that provide significant natural light. Historic details, such as original built-in bookshelves and vintage chalkboards in select units, offer a distinct character. The property, with a size of 17131 square feet on a 0.46-acre lot, presents immediate upside through rent growth and operational efficiencies. The current in-place average rents trail market by approximately $275 per unit per month, allowing a clear path to increasing cash flow through unit turnover and improved management. Situated near Tower Grove Park, South Grand Retail, and SLU Medical, and close to Downtown St. Louis, La Maison has significant upside with strong rental demand. La Maison provides an opportunity to acquire a well-located asset with income, growth, and long-term appreciation potential.