Morningside Condominiums is a 66-unit apartment community located in St. Louis, Missouri. Built in 1967, the Property offers an investor the rare opportunity to acquire a well-maintained stabilized asset with proven operating performance and tremendous upside potential. Most units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 1 bedroom, 1 bath and 2 bedroom, 1.5 bath apartment homes. Unit amenities include fully-equipped kitchens with double wall ovens, linen closets, newer windows, private patios, and full basements, each designed with finished entertainment space, and utility area with washer/dryer hookups.
| MLS # | 25078652 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 344 |
| Listing Provided By | CBRE | Matt Bukhshtaber |
| SQ Feet | 101,800 |
|---|---|
| Basement | Y |
| Building(s) | 16 |
| Acreage | 9.60 |
| Cooling | Central Air |
|---|
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Senior Community Yes / No | No |
|---|
| State | MO |
|---|---|
| County | St. Louis |
| City | Hazelwood |
| Zip Code | 63042 |
| Area | Hazelwood West |
| Community Name | Morningside Twnhms |
| School District | Hazelwood West High |
| Elementary School | Armstrong Elem. |
| High School | Hazelwood West High |
| Listing VS Median (in Morningside Twnhms) | |
Price: $5,000,000 low | high Med: $5,000,000 sqft: 101,800 low | high Med: 101,800 $ / sqft: $49 low | high Med: $49 On site: 344 low | high Med: 344 | |
| State | MO |
|---|---|
| County | St. Louis |
| City | Hazelwood |
| Zip Code | 63042 |
| Area | Hazelwood West |
| Community Name | Morningside Twnhms |
| School District | Hazelwood West High |
| Elementary School | Armstrong Elem. |
| High School | Hazelwood West High |
| Listing VS Median (in Morningside Twnhms) | |
Price: $5,000,000 low | high Med: $5,000,000 sqft: 101,800 low | high Med: 101,800 $ / sqft: $49 low | high Med: $49 On site: 344 low | high Med: 344 | |