- Offered At An Incredibly Attractive Basis
- Well-Positioned For Value-Add Implementation
- Highly Visible Asset With Outstanding Connectivity
- Great Mix Of Unit Types – Appealing To Various Renter Profiles
- Opportunity To Immediately Obtain Critical Mass w/200+ Units!
- Offered Free And Clear Of Existing Debt
Offered at an Exceptional Basis Well Below Replacement Cost
The property is offered at a highly attractive going in basis relative to replacement cost and recent trades across the immediate market. New ownership can enter the acquisition at a low basis and achieve immediate increases in equity through moderate interior improvements and modernizations.
Incredibly Well-Positioned for Value-Add Implementation
The property is well primed for value-add upgrades with a robust foundation ready for modernization. Given the success of the current ownership, Metro at 70 Apartments provides investors with the incredible opportunity to take advantage of a proven value-add strategy and further push upgrades and rents to match comparable properties in the submarket.
Highly Visible Asset with Outstanding Connectivity
Metro at 70 is conveniently located just off Highway 70 and just east of Highway 170 which provides easy access to all the St. Louis metro has to offer. The asset has high visibility and is convenient to the area’s largest workforce employment centers and the highest quality shopping/dining/entertainment options.
