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$3,400,000
26034791 MLS ACTIVE Status
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.

1000 Wild Cherry Ln, University City

$3,000,000
26009625 MLS ACTIVE Status
Four-family for sale in the heart of University City, located in one of the area’s most desirable and consistently strong rental markets. This well-maintained property features spacious 3-bedroom units, a rare find that offers significant rent upside and long-term income growth potential. The larger unit layouts appeal to a wide tenant base, helping support strong occupancy and premium rents. Major building systems have already been updated, reducing future capital expenditures and providing peace of mind for the next owner. Professional management is currently in place, allowing for a truly turnkey investment with immediate cash flow from day one. This property can be purchased individually or as part of a full six-building portfolio, offering flexibility for both first-time multifamily investors and those looking to scale their holdings. First come, first served — opportunities like this in University City

7723 Wild Plum Ave, St Louis