3644 Natural Bridge Rd, Saint Louis, MO 63107
Two apartment properties combine renovated units, first-floor retail, and additional residential conversion potential.
Property Features for 3644 Natural Bridge Rd
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Fairgrounds Park Place operates as a market-rate apartment property with first-floor retail. The former hotel is listed on the National Register of Historic Places and has been renovated over time, including added stairwells. Its building systems were replaced during a HUD renovation in the 1980s. The top two floors are vacant, creating the potential to add up to 32 multifamily units. Historic Tax Credits may also be available as part of the property’s redevelopment considerations.
Key Highlights
- Portfolio totals 215 apartment units across Timber Ridge and Fairgrounds Park Place
- Approximately one third of Timber Ridge units were completely renovated after a recent storm
- Timber Ridge upgrades include granite countertops, updated cabinetry, flooring, and new roofs
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Demographics for 63107, MO
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Vacancy Rate% for Multifamily in Midwest region