- A Unicorn in the Downtown CBD – A 1982-Vintage Garden-Style Asset
- Downtown St. Louis – The Region’s Most Dynamic Submarket
- Exciting Momentum in Downtown – The Center of Growth in St. Louis
- Huge Rent Upside via Cosmetic Unit Interior Modernizations on 100% of Units
- Extremely Attractive Assumable Debt – 5.05% Rate & 12 Years of I/O Remaining
- 332 Units Offer Immediate Scale for New Entrants into the St. Louis Market
- Superb Physical Condition – Very Well Maintained Under Current Local Ownership
- Strong In-Place Operations Create an Ideal Value-Add Opportunity
- Offered at a Very Attractive Cost Basis
- Convenient Access to the Entire MSA
A Unicorn in the Downtown STL CBD – A 1982-Vintage Garden-Style Asset
CitySide offers a truly unique opportunity to acquire the only large-scale, market-rate, garden-style asset in the Downtown neighborhood. Competing assets in the submarket are older-vintage high-rise and historic adaptive reuse projects. CitySide offers residents the convenience of garden-style apartment living combined with a walkable downtown lifestyle.
Downtown St. Louis – The Region’s Most Dynamic Submarket
With hundreds of dining options, all of St. Louis’ professional sports stadiums, the largest entertainment venues in the region, 20+ hotels, 4 Fortune 1000 companies, multiple co-working and incubator spaces, 9 of the 10 largest creative firms in the region, 7 of the 10 largest architecture firms in the region, 7 of the 10 largest law firms in the region, and 6 of the 10 largest accounting firms in the region, Downtown St. Louis remains the most dynamic and diverse submarket in the metro area. This live-work-play environment continues to attract residents and businesses that want the walkability and convenience that come with a downtown lifestyle.
Exciting Momentum in Downtown – The Center of Growth in St. Louis
As Downtown St. Louis continues to gain momentum and see billions of dollars poured into the neighborhood, a new investor can ride this wave of growth at CitySide and capitalize on the huge investments that are being made in the area. With more large-scale transformative projects being announced constantly and many of the most active and aggressive owners, developers, and investors doubling down on the neighborhood, the growth story in Downtown St. Louis is only just beginning.
