12-Unit Value-Add Near The Loop & WashU, Strong Rental Upside

Opportunity to acquire 12 units in a highly desirable rental corridor near The Loop, Forest Park, and Washington University. The property consists of four three-family buildings featuring 900SF three-bedroom units, totaling 36 bedrooms. Recent renovations include updated HVAC systems, electrical, plumbing, flooring, appliances, doors, windows, fresh paint, and refreshed common areas. Off-street parking is available for tenants. This is a clear value-add opportunity with rents currently below market levels. Rental data within a 3-mile radius shows:

• Average market rent for 3BR units: $2,230/month
• Average rent per square foot: $1.83/SF
• Section 8 rents for similar 3BR units: $1,570–$1,670/month

Prime Location – Distances from 5437 Page Blvd:

• • Forest Park- 1.4 miles
  • The Loop- .9 miles
  • Washington University North Campus- 1.9 miles
  • Barnes Hospital Complex- 2.2 miles
  • Washington University Main Campus- 2.9 miles
  • Clayton- 3 miles