$5,900,000

11542 Concord Village Avenue, St Louis, MO 63128

  • 36,537 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon2.09acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Concord Place is a 50-unit property that is positioned for immediate rent growth with below-market rents and strong local demographics, allowing new ownership to implement a value-add strategy and push rents through targeted renovations. • Built in 1966, Renovated in 2017-2018 (new roofs in 2022) • 5 Buildings, 50 total units across 2.09 acres • Mix of 1- and 2- bedroom units (60% two-bedrooms) • Avg. in-place rent: $960/ unit (below market rents of $1,094 for 1BR and $1,355 for 2BR) • 96% occupancy with strong in-place cash flow • Recent capex expenditures over 500,000, including new roofs, interior upgrades, and exterior improvements • Value-add potential through interior updates and adding washers/ dryers in units (currently only 2 units equipped) • Prime location near Lindbergh Blvd, Tesson Ferry Rd, and I-270 with nearby developments like Tesson Ridge and new retail (including Chick-fil-a)

Listing Status:
Active
Date Added:
October 7, 2025
Data Last Updated:
May 21, 2026 at 7:18AM
Listing Office:
CBRE : 314-655-6000
MLS ID:
25068193
  • Appliances: CooktopMicrowaveOvenRefrigerator
  • Basement: ConcreteUnfinishedWalk-Out Access
  • A/C: Central Air
  • Heating: Electric
  • General: Courtyard
  • Style: Apartment Style
  • Parking: Asphalt
  • General: BrickTwoConcrete Perimeter
  • HOA Amenities: None
  • Originating MLS: maris2
  • School District: Lindbergh Schools
  • County: St. Louis
  • Zoning: 28K-43-0599
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of CBRE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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