$3,400,000

Multi Family In University City

  • 34,300 Sqft
  • 6,534 Sqft lot
  • Updated: July 23
  • Source:
    MARIS MLS  MLS#26034791

About the Property

1000 Wild Cherry Lane presents a rare opportunity to acquire a 28-unit multifamily asset in the heart of University City. The property features an attractive unit mix of spacious three-bedroom, two-bathroom apartments, offering a highly desirable housing option for families and long-term residents. Following a substantial $600,000 price reduction, this offering now presents compelling value for in
1000 Wild Cherry Lane presents a rare opportunity to acquire a 28-unit multifamily asset in the heart of University City. The property features an attractive unit mix of spacious three-bedroom, two-bathroom apartments, offering a highly desirable housing option for families and long-term residents. Following a substantial $600,000 price reduction, this offering now presents compelling value for investors seeking strong upside potential in a growing submarket. Large floor plans, consistent rental demand, and a location surrounded by significant public and private investment position this asset for future appreciation and operational growth. The property is strategically located near the ongoing redevelopment and investment along the Olive Boulevard corridor and is just minutes from University City High School, major employers, retail centers, restaurants, and transportation routes. As University City continues to benefit from revitalization efforts and new development, investors have the opportunity to acquire a sizable asset at a significantly improved basis. With 28 oversized units in a supply-constrained market, 1000 Wild Cherry Lane offers scale, strong resident appeal, and long-term investment potential.
  • Property type

    Other

  • Year built

    1959

  • Price/sqft

    $99

Explore the Area

1000 Wild Cherry Lane, University City, Missouri, United States View on Google Maps
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Salient Realty Group, LLC - Saint Louis

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Salient Realty Group, LLC - Saint Louis
Missouri, United States
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5
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2025
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Salient Realty Group, LLC - Saint Louis
Saint Louis, Missouri, United States
View agency profile
Last updated
July 23
First listed
Jun 3
Listing reference
26034791
Listing status
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