Eight-Building Apartment
For Sale
$4,650,000
1727 Bridleton Woods, Fenton, MO 63026
Multifamily asset with substantial occupancy upside across multiple apartment buildings in Fenton.
Property Size44,224 SF
Days on Market68
Property Features for 1727 Bridleton Woods
General Information
Standard status
Active
Size
44,224 SF
Property subtype
Multifamily
Occupancy
51%
Additional Details
Highway Access
Yes
Multifamily Units
80
Building Details
Building Size
44,224 SF
Buildings
8
Units
80
Listing Agency:
Salient Realty Group, LLC
(314) 451-7145
Listed By:
Timothy McCarthy · License #MO #2019034093
(314) 451-7145
Source:
Salientrealtygroup
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 30 at 2:17PM
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 Salient Realty Group, LLC
Investment Insights
Based on property information with market context.
This apartment community comprises 80 units distributed among 8 buildings and is currently 51% occupied. The existing scale and partial occupancy create a significant lease-up component for an owner evaluating the property’s operating position. An assumable loan is also associated with the offering, with additional terms available through the brokers.
The property is located in Fenton, Missouri, with access to major highways, employment centers, and nearby retail amenities. The surrounding submarket is described as having strong rental demand and limited new apartment supply.
The property is located in Fenton, Missouri, with access to major highways, employment centers, and nearby retail amenities. The surrounding submarket is described as having strong rental demand and limited new apartment supply.
Key Highlights
- 80 units across 8 buildings
- Current occupancy of 51%
- Assumable loan available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$411,549
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,230,980
$8.2M
Cap Rate 7%
$5,879,271
$5.9M
Cap Rate 9%
$4,572,767
$4.6M
Market Conditions
NOI Build-Up for 44,224 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$796.0K $18.00/SF
− Vacancy
−$47.8K −$1.08/SF
EGI
$748.3K $16.92/SF
− OpEx
−$336.7K −$7.61/SF
NOI
$411.5K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,230,980
Cap Rate 7%
$5,879,271
Cap Rate 9%
$4,572,767
Alternative Uses
Best Use
Apartment 5plus
$5.88M
$5.14M – $6.86M
NOI $411,549 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.49M
$8.30M – $11.07M
NOI $664,387 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
80
Residential units
51%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 63026, MO
44,648
Population
18,051
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
25.3 sq mi
ZIP Area
1,765
Density / Sq Mi
$96,145
Median Household Income
$48,827
Median Earnings
$1,091
Median Rent
$281,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset with substantial occupancy upside across multiple apartment buildings in Fenton.
Where is this apartment building located?
The property is located at 1727 Bridleton Woods Fenton, MO.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 80 units across 8 buildings; Current occupancy of 51%; Assumable loan available
