60-Unit Senior Apartment
For Sale
Contact for pricing
Pending
206 N Main St, O Fallon, MO 63366
Renovated mixed-income senior housing with spacious apartments, supplied appliances, and access to adjacent care services for an additional fee.
Property SizeContact for details
Days on Market338
Property Features for 206 N Main St
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
95%
Units
Unit Mix
46 x 1BR, 14 x 2BR
Multifamily Units
60
Additional Details
Road Access
Yes
Building Details
Year Renovated
2007
Units
60
Listing Agency:
Sorkin & Associates, LLC
(314) 368-2463
Listed By:
Richard Sorkin · License #MO Missouri
Source:
Crexi
Added: Sep 28, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:17AM
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 Sorkin & Associates, LLC
Investment Insights
Based on property information with market context.
Villa Theresa is a 60-unit senior apartment development with 20 Market Rate units and 40 Affordable units. The property includes 46 one-bedroom and 14 two-bedroom apartments, with appliances provided throughout. Units feature spacious interiors and high ceilings, while some include attached screen porches. The development was completely renovated in 2007-8, and all roofs have been recently restored. Occupancy is reported at 95%.
Located at 206 N Main St in O’Fallon, Missouri, the property is adjacent to the City of O’Fallon Municipal Center and Senior Center. Shopping and area restaurants are accessible from the campus. Residents may also use independently operated adjacent Assisted Living, Skilled Nursing, Physical Therapy, Indoor Pool, Dining Program, and Social Activities at an additional fee.
Approximately 8 acres is available for further development, and the city is agreeable to more senior housing.
Located at 206 N Main St in O’Fallon, Missouri, the property is adjacent to the City of O’Fallon Municipal Center and Senior Center. Shopping and area restaurants are accessible from the campus. Residents may also use independently operated adjacent Assisted Living, Skilled Nursing, Physical Therapy, Indoor Pool, Dining Program, and Social Activities at an additional fee.
Approximately 8 acres is available for further development, and the city is agreeable to more senior housing.
Key Highlights
- 60‑unit mixed‑income senior apartment development with 20 Market Rate units and 40 Affordable units
- Unit mix includes 46 one‑bedroom and 14 two‑bedroom apartments
- Completely renovated in 2007‑8; all roofs have been recently restored
Property Analytics
Property Profile
Current Use
Lease Details
60
Residential units
95%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
Business Placement
Demographics for 63366, MO
53,861
Population
21,204
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
69.3 sq mi
ZIP Area
777
Density / Sq Mi
$98,237
Median Household Income
$51,750
Median Earnings
$1,274
Median Rent
$283,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated mixed-income senior housing with spacious apartments, supplied appliances, and access to adjacent care services for an additional fee.
Where is this apartment building located?
The property is located at 206 N Main St O Fallon, MO.
What are key features of this property?
This property features: 60‑unit mixed‑income senior apartment development with 20 Market Rate units and 40 Affordable units; Unit mix includes 46 one‑bedroom and 14 two‑bedroom apartments; Completely renovated in 2007‑8; all roofs have been recently restored
