Multi-Family for Sale: 3769 Delor Street, St Louis, MO 63116

3769 Delor Street, St Louis, MO 63116
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Type: Multi-Family
Lot Size: 3.89 acres
Year Built: 1962

City: St Louis
County: St Louis City
School District: St. Louis City

MLS: 23021583
Status: Active
DOM: 42 days
Park Vue Flats is a newly renovated complex is in the historic South Side of St. Louis City, adjacent to the beautiful 27-acre campus of St. Mary’s High School. This property is in the final stages of an extensive, years-long renovation. It’s a like-new apartment complex with significant value-add potential. The complex comprises 84 fully updated apartments with 168 bedrooms. There are (52) 2-bed/1,5 bath units and (32) 2-bed/1.5 bath units with private patios. 2-bed/1.5 bath units now rent for $1,100 plus $36 utility fee. 2-bed/1.5 bath units with private patios now rent for $1,200 plus $36 utility fee. Construction on the complex is approximately 97% complete. Occupancy is currently 75%, the property will be delivered at a minimum of 90% occupancy. There is potential to increase the value of the property significantly by raising rents to current market rates at renewal, and also adding fees for parking, pets, and tenant storage. Can be purchased with One Loop Apartments.

Lot & Building Features

Construction: Brick Veneer
Cooling: Electric
Heat Source: Electric
Heating: Forced Air
Parking Description: Parking Lot
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $13,360
Water: Public
Lot Dimensions: 282x660x214x705 ft

Community and Schools

Elementary School: Froebel Elem.
Junior High School: Long Middle Community Ed. Center
Senior High School: Roosevelt High

Price History of 3769 Delor Street, St Louis, MO

Date Name Price Difference
04/19/2023 Listing Price $11,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3769 Delor Street, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Wayne Failoni
Direct: 314-772-8407
2242 Thurman Ave
Saint Louis, MO 63110
Listed by Invest St. Louis, Jordan Schoen
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Listing information courtesy of: Invest St. Louis

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