Map of Property

Atherton Apartments

8435 Atherton Dr, Saint Louis, MO 63130

  • For Sale $2,695,000
  • Property Type Multi-Family
  • Property Size 28,256 SF
  • Units 32
  • Lot Size 0.53 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1963
  • Date Updated Feb 15, 2025
ISRG 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.
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Highlights

  • Below market rents - up to $359/mo Rent Upside Compared to Submarket Avgs
  • Multiple Value Add Strategies | Raise In Place Rents | Raise Further w/ Cosmetic Updates
  • Large Unit Sizes (700 SF 1 bd's | 900 SF 2 bd's)
  • Strong Unit Mix - Majority of Two Bed Units (75%)
  • Great Mid County Location
  • Near New Costco & Olive Crossing Development

Contacts

broker
Garen Lafser

Salient Realty Group

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Saint Louis, MO
  • Neighborhood Vinita Park
  • Zip Code 63130
  • Market St Louis

Points of Interest

  • University City Library

    2.47 miles

  • Clayton

    2.61 miles

  • Leland Avenue

    2.61 miles

  • Delmar Loop

    3.09 miles

  • Delmar Loop Metrolink

    3.14 miles

  • Skinker

    3.17 miles

  • Lambert Airport Terminal 2

    3.78 miles

  • Forest Park - DeBaliviere Metrolink

    3.80 miles

  • Missouri History Museum/Forest Park

    3.96 miles

  • Discovery Corner Station

    4.18 miles

  • QuikTrip

    0.66 miles

  • QuickTrip

    0.79 miles

  • Costco Gasoline

    1.22 miles

  • Mobil

    1.28 miles

  • Phillips 66

    1.75 miles

  • Bucky's Convenience Store

    1.92 miles

  • Electric Car Charging Station

    4.93 miles

  • Tesla Supercharger

    6.11 miles

  • ChargePoint

    7.13 miles

  • EVgo Charging Station

    7.75 miles

  • South Campus Garage (SCG)

    2.19 miles

  • Parking lot (JJ)

    2.26 miles

  • The Parking Spot East

    2.30 miles

  • University City Public Library Parking Lot

    2.45 miles

  • Municipal Lot #4

    2.54 miles

  • Clayton Metrolink Parking Garage

    2.57 miles

  • Municipal Lot #3

    2.60 miles

  • Millennium Student Center Garage South

    2.61 miles

  • Millennium Student Center Garage North

    2.68 miles

  • Snow Way Parking Garage

    2.71 miles

  • Hampton Inn and Suites Clayton/St Louis-Galleria Area

    1.98 miles

  • Seven Gables Inn Tribute Portfolio

    2.22 miles

  • Residence Inn

    2.24 miles

  • Clayton Plaza Hotel

    2.43 miles

  • Ritz-Carlton Hotel St. Louis

    2.46 miles

  • Le Meridien St. Louis Clayton

    2.50 miles

  • AC Hotel St. Louis Clayton

    2.54 miles

  • Bonhomme Village Apartments

    2.76 miles

  • Hilton Garden Inn St. Louis Airport

    2.91 miles

  • Moonrise Hotel

    2.92 miles

  • Papa John's

    0.75 miles

  • ChiliSpot

    0.76 miles

  • McDonald's

    0.76 miles

  • Subway

    0.79 miles

  • China King

    0.79 miles

  • Soup Dumpling STL

    0.79 miles

  • Wonton King

    0.80 miles

  • Cate Zone

    0.81 miles

  • Shabu Day

    0.86 miles

  • Chong Wah

    0.86 miles

  • Daniel Boone School

    0.45 miles

  • Freedom School

    0.56 miles

  • Washington Elementary School

    0.65 miles

  • Nathaniel Hawthorne Elementary School

    0.72 miles

  • Brittany Woods Middle School

    0.99 miles

  • Agape Academy

    1.02 miles

  • Wyland Elementary School

    1.16 miles

  • Blackberry Lane School

    1.20 miles

  • University City Senior High School

    1.37 miles

  • H.F. Epstein Hebrew Academy

    1.45 miles

  • University City Children's Center

    2.34 miles

  • Bayer Child Care Center

    3.44 miles

  • Christian Academy of Greater St. Louis

    3.82 miles

  • Happy Go Lucky Child Care Center

    4.71 miles

  • Childgarden Early Childhood Center

    5.87 miles

  • YWCA Head Start

    5.90 miles

  • Eternity Childcare

    5.99 miles

  • Lambs Pride Day Care Center

    6.04 miles

  • Miss Patt's Daycare

    6.12 miles

  • Smart Start Learning Acadamy

    6.16 miles

Frequently Asked Questions

How much does Atherton Apartments cost?

The space currently listed for sale at Atherton Apartments asks for $2,695,000.

What is the total square footage of Atherton Apartments?

Atherton Apartments totals 28,256 square feet.

When was this property built?

Atherton Apartments was built in 1963.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Garen Lafser

Salient Realty Group

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