8435 Atherton Drive, St Louis MO 63130

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$2,695,000

8435 Atherton Drive, St Louis, MO 63130

bedrooms

bathrooms

square feet

28,256

Acreage

0.51

Open Houses

year built

1961

Full Baths

Half Baths

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SRG is pleased to offer this low-rise/garden style 32-unit apartment community to the market. The property offers investors significant rent upside potential compared to submarket averages (up to $359 in rent upside) and a strong mix of primarily two-bedroom units. There are multiple value-add strategies to maximize returns - raising rents for units in their current condition (low in place rent for 1 bed units is $475 & $600 for 2 bed units); or completing cosmetic updates and adding in-unit laundry which can command much higher rents. Competing submarket rents average $1,204 vs the property's average rent of $845. Please reach out to the brokers for more information.

Location
Subdivision	Atherton 1
County	St Louis
Elementary School	Barbara Jordan Elem.
Middle School	Brittany Woods
High School	University City Sr. High

Driving directions

Open houses

None scheduled.

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MLS number: 25010459

Listing agent: Garen Lafser #2015014613

Listing broker: Salient Realty Group, Llc (314) 374-3687

Last update: Wednesday, February 26 2025 at 9:39 p.m. EST

Kotohomes National