REO SALE Timber Ridge Apartments

1342 Garden Drive, Saint Louis, MO 63138

  • For Sale $4,950,000
  • Property Type Other
  • Units 144
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Dec 12, 2024

Timber Ridge Apartments are located in the Spanish Lake neighborhood of Saint Louis, MO, at 1342 North Garden Drive. The multi-family complex has 144, two (2) bed, one (1) bath apartments that can suit a wide variety of necessities. In addition, the property features ample parking allowing easy access for all residents.

Lender Foreclosure - potential investors should be aware the Lender acquired the property via a foreclosure. As a result, property is being sold in “As-Is” condition with no representations and warranties. During their short term of ownership, the Lender has started making units in rent-ready condition and leasing the units. This is an excellent opportunity for an investor to increase occupancy and take advantage of the housing demand for multi-family units in this marketplace

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Highlights

  • 18 multi-family buildings with a cumulative 131,290 SF of residential space, on 6.07 AC of land
  • Property features 144 units, each of them is two (2) bed and one (1) bath
  • Low Price Per Foot at only $34,375 per unit, Proforma Cap Rate with 10% vacancy is 11.22%
  • Abundant parking
  • Property is located within one (1) mile of national credit tenants including Circle K, McDonalds, Burger King, CVS, Dollar Tree and more
  • Close proximity to Interstate 270 and Highway 367

Contacts

broker
David Maling

Avison Young - US - CA - Los Angeles

broker
Chris Maling

Avison Young - US - CA - Los Angeles

Location

Getting Around

  • Walk Score ®

    13/100 Car-Dependent

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Saint Louis , MO
  • Neighborhood Bel-Nor
  • Zip Code 63138
  • Market St Louis

Points of Interest

  • University City Library

    2.98 miles

  • Leland Avenue

    3.05 miles

  • Lambert Airport Terminal 2

    3.24 miles

  • Delmar Loop

    3.29 miles

  • Delmar Loop Metrolink

    3.35 miles

  • Skinker

    3.58 miles

  • Clayton

    3.81 miles

  • Forest Park - DeBaliviere Metrolink

    3.96 miles

  • Missouri History Museum/Forest Park

    4.19 miles

  • Discovery Corner Station

    4.61 miles

  • QuikTrip

    1.25 miles

  • QuickTrip

    1.98 miles

  • Mobil

    2.39 miles

  • BP

    2.57 miles

  • Phillips 66

    2.57 miles

  • Costco Gasoline

    2.66 miles

  • Electric Car Charging Station

    5.87 miles

  • Tesla Supercharger

    6.33 miles

  • ChargePoint

    6.95 miles

  • EVgo Charging Station

    7.97 miles

  • South Campus Garage (SCG)

    0.85 miles

  • Parking lot (JJ)

    0.86 miles

  • Millennium Student Center Garage South

    1.13 miles

  • Millennium Student Center Garage North

    1.21 miles

  • The Parking Spot East

    1.30 miles

  • Cell Phone Lot Terminal 2

    2.89 miles

  • University City Public Library Parking Lot

    2.94 miles

  • Municipal Lot #4

    2.98 miles

  • Municipal Lot #3

    3.01 miles

  • Super Park Lot E

    3.06 miles

  • Hilton Garden Inn St. Louis Airport

    1.63 miles

  • Travelodge St. Louis Airport

    2.41 miles

  • Budget Inn

    2.68 miles

  • Renaissance St. Louis Airport Hotel

    2.69 miles

  • Holiday Inn Express & Suites St Louis Airport

    2.91 miles

  • Best Western Plus St. Louis Airport Hotel

    3.12 miles

  • DoubleTree by Hilton St. Louis Airport

    3.13 miles

  • Super 8 by Wyndham St. Louis Airport

    3.15 miles

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

    3.19 miles

  • Moonrise Hotel

    3.20 miles

  • Oriental Chop Suey

    1.42 miles

  • Domino's

    1.44 miles

  • Mi Hungry BBQ & Jamaican Cuisine

    1.46 miles

  • Church's Chicken

    1.50 miles

  • Wingstop

    1.52 miles

  • Popeyes

    1.54 miles

  • McDonald's

    1.60 miles

  • Subway

    1.71 miles

  • White Castle

    1.88 miles

  • Chuck-A-Burger Drive-In

    2.08 miles

  • Incarnate Word Academy

    0.46 miles

  • Bel-Nor School

    0.74 miles

  • Lucas Crossing Elementary Complex School

    0.95 miles

  • University of Missouri - Saint Louis (UMSL)

    0.96 miles

  • Normandy Junior High School

    0.98 miles

  • Washington Elementary School

    1.04 miles

  • Bel-Nor Ridge Elementary School

    1.18 miles

  • Ritenour Middle School

    1.52 miles

  • Jefferson Elementary School

    1.63 miles

  • Ritenour High School North Athletic Campus

    1.66 miles

  • University City Children's Center

    2.69 miles

  • Happy Go Lucky Child Care Center

    3.43 miles

  • Christian Academy of Greater St. Louis

    4.69 miles

  • Bayer Child Care Center

    4.79 miles

  • Miss Patt's Daycare

    4.90 miles

  • Smart Start Learning Acadamy

    4.92 miles

  • YWCA Head Start

    4.98 miles

  • Dumas Bi-Lingual Child Development Center

    5.05 miles

  • Veasley's Tender Loving Care Development Center

    5.07 miles

  • Eternity Childcare

    5.52 miles

Frequently Asked Questions

How much does REO SALE Timber Ridge Apartments cost?

The space currently listed for sale at REO SALE Timber Ridge Apartments asks for $4,950,000.

What is the total square footage of REO SALE Timber Ridge Apartments?

REO SALE Timber Ridge Apartments totals 12,197 square feet.

When was this property built?

REO SALE Timber Ridge Apartments was built in 1963.

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Contact REO SALE Timber Ridge Apartments