819 Gustav Avenue St. Louis, MO 63147
Two-asset, 163-unit multifamily portfolio with value-add potential in St. Louis.
- Added:
- Jan 27, 2026
- Days on Market:
- 101
- Last Refresh:
- Jan 19 at 9:17 pm
Property Features for 819 Gustav Avenue St.
General Information
- Standard status
- Active
Building Details
- Year Built
- 1963
Listing agent Derek Greene License #10371200613
Listing office The Greene Realty Group (314) 305-2477
Listing date Jan 27, 2026
Source Nmrk
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Greene Realty Group
HighLights
- Value‑add opportunity: Increase rents by $150+ per month.
- Assumable full‑term, interest‑only Fannie Mae debt.
- Strong in‑place operations delivering double‑digit cash yields on Day 1.
- Significant renovations completed between 2021 and 2023.
- Substantial recent capital investment reduces near‑term risk.
- Central location within St. Louis.
Overview
Value-Add Multifamily Portfolio in St. Louis
The Broadway Park & One Loop Portfolio is a two-asset multifamily portfolio located in the St. Louis metro area. The portfolio comprises 163 units and is available for purchase individually or as a combined package. Constructed in 1963 and 1970, the properties have undergone significant renovations between 2021 and 2023, bringing them to a modern standard while preserving long-term structural integrity. The properties are gated communities and feature upgraded interiors, including luxury vinyl plank flooring, new cabinetry, and modern appliances. The portfolio offers opportunities for revenue growth, with rents at least $150 per month below nearby comparable properties, allowing new ownership to increase revenues by raising rents to submarket averages. Investors may benefit from assumable full-term, interest-only Fannie Mae debt, paired with strong in-place operations. Substantial recent capital investment in building systems, grounds, unit interiors, and community amenities further reduce near-term risk while supporting long-term performance. Centrally located within St. Louis, the properties provide residents with access to major employment hubs and regional job centers.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.2173
- Latitude
- 38.6969
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two-asset, 163-unit multifamily portfolio with value-add potential in St. Louis.
Where is this apartment building located?
The property is located at 819 Gustav Avenue St. Louis, MO.
What are key features of this property?
This property features: Value‑add opportunity: Increase rents by $150+ per month.; Assumable full‑term, interest‑only Fannie Mae debt.; Strong in‑place operations delivering double‑digit cash yields on Day 1.
