The Diplomat Apartments

3530 Miami St, Saint Louis, MO 63118

  • For Sale Contact Broker
  • Property Type Multi-Family
  • Property Size 38,900 SF
  • Units 60
  • Lot Size 0.49 Acre
  • Additional Rent Contact for pricing
  • Year Built 1965
  • Date Updated Sep 23, 2024
Located in DutchtownSalient Realty Group is pleased to present this opportunity to purchase The Diplomat Apartments located in St. Louis City and more specifically Gravois Park. The property consists of 60 units comprised of 20 studios, and 40, 1 bed/1 bath units. Pricing on this asset offers buyers an incredibly low basis on a price per unit. Please contact us for pricing guidance. The property has incredible value add opportunity through lease up and cosmetic updates in the apartments which will translate into significant rent increases. Currently, the property has high vacancy which offers investors the ability to implement a value add plan immediately. All financials are available upon request - Reach out to Broker for more information

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Incredible value add opportunity
  • Significant rent upside
  • 60 units | 20 studios and 40, 1 bed/1 bath
  • Owner is willing to be creative - Reach out to Broker for more information
  • Incredibly Low Price Per Unit Basis - Reach out to Broker
  • High Vacancy Offers Immediate Value Add Implementation

Contacts

broker

Timothy McCarthy

Salient Realty Group

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Saint Louis, MO
  • Neighborhood Gravois Park
  • Zip Code 63118
  • Market St Louis

Points of Interest

  • Union Station

    3.12 miles

  • 8th & Pine

    3.70 miles

  • Red Rocks Station

    3.79 miles

  • 4D Theater Stop

    3.91 miles

  • River's Edge Station

    3.94 miles

  • Crossroads School

    4.72 miles

  • Sunnen

    4.83 miles

  • Delmar and DeBaliviere

    4.83 miles

  • Hamilton Avenue

    5.03 miles

  • Delmar Loop Metrolink

    5.18 miles

  • Phillips 66

    0.44 miles

  • BP

    0.57 miles

  • EVgo Charging Station

    0.68 miles

  • QuikTrip

    0.77 miles

  • BP

    1.04 miles

  • Conoco

    1.51 miles

  • BP

    1.67 miles

  • ChargePoint

    1.82 miles

  • BP

    1.90 miles

  • MPC

    2.02 miles

  • Visitor Lot

    1.71 miles

  • Tour Parking

    1.77 miles

  • 1327

    2.41 miles

  • Chroma Apartments Garage

    2.58 miles

  • IKEA Parking Lot

    2.95 miles

  • Santa Clara Lot

    2.95 miles

  • 4220 Duncan Garage

    2.96 miles

  • Market Street Parking Garage

    2.97 miles

  • Laclede Parking Garage

    3.00 miles

  • Clayton Avenue Parking Garage

    3.04 miles

  • Holiday Inn Express St. Louis

    2.00 miles

  • Residence Inn

    2.77 miles

  • Home2 Suites by Hilton St. Louis/Forest Park

    2.90 miles

  • Red Roof Inn

    2.91 miles

  • Holiday Inn

    2.95 miles

  • Element St. Louis Midtown

    2.99 miles

  • Drury Inn

    3.04 miles

  • Courtyard by Marriott Downtown

    3.07 miles

  • Drury Inn St. Louis At Union Station

    3.09 miles

  • Aloft by Mariott

    3.11 miles

  • Wingstop

    0.04 miles

  • The Buttery

    0.09 miles

  • White Castle

    0.09 miles

  • KFC

    0.13 miles

  • Taco Bell

    0.15 miles

  • 1 Stop Sushi Express

    0.24 miles

  • Truc Lam

    0.25 miles

  • New China

    0.33 miles

  • Wendy's

    0.35 miles

  • Joyful House

    0.38 miles

  • Fanning Middle School

    0.31 miles

  • Froebel Literacy Academy

    0.54 miles

  • Roosevelt High School

    0.67 miles

  • Confluence Academy South City Campus

    0.86 miles

  • Maryville College and Academy of the Sacred Heart

    0.89 miles

  • Lutheran School of Nursing

    0.91 miles

  • Cleveland NJROTC Academy School

    0.92 miles

  • Cleveland High School

    0.93 miles

  • Marian Middle School

    0.93 miles

  • Mann Elementary School

    0.96 miles

  • Gravois Childcare Learning Center

    0.20 miles

  • Castleman Corner Day Care Center

    1.73 miles

  • Lambs Pride Day Care Center

    2.42 miles

  • Childgarden Early Childhood Center

    3.08 miles

  • Mary Margaret Daycare

    3.12 miles

  • Union Preschool

    3.14 miles

  • Eternity Childcare

    4.47 miles

  • Gymboree

    6.39 miles

  • YWCA Head Start

    6.42 miles

  • Miss Patt's Daycare

    8.04 miles

Frequently Asked Questions

How much does The Diplomat Apartments cost?

The sale price for The Diplomat Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of The Diplomat Apartments?

The Diplomat Apartments totals 38,900 square feet.

When was this property built?

The Diplomat Apartments was built in 1965.

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

Timothy McCarthy

Salient Realty Group