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    OFF-MARKET
    Apartment buildings

    1133 Pne St St, St. Louis, MO 63101

    28,122 SF 0.11 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-story, 28,122 square foot multifamily building located at 1133 Pine Street in St. Louis, Missouri, presents a unique investment opportunity. Priced at $1,250,000 ($76.45/sq ft), this property boasts 22 units spread across its five floors. Situated on a 0.11-acre lot, the building includes a convenient surface parking lot with 24 spaces. Its prime location places it just one block from Saint Louis University Law School, offering excellent potential for student housing or other uses. The property is listed on the National Register of Historic Places, and the transferable Historic Tax Credits are already secured, providing significant financial advantages for the buyer. This presents an ideal redevelopment opportunity for either multifamily use, creative office space, or even owner-occupancy. The building's size and location within an Opportunity Zone further enhance its investment appeal. This is a rare chance to acquire a substantial property with significant historical significance and considerable upside potential in a vibrant St. Louis neighborhood. The existing floor plans encompass 22 units, offering flexibility for various redevelopment scenarios.

    Property profile
    Verified
    Property type Apartment buildings
    Total area 28,122 SF
    Lot 0.11 ac (4,792 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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