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1418 Carroll St
Saint Louis, MO 63104
The Georgian · Multifamily Property For Sale
·
74 Units
INVESTMENT HIGHLIGHTS
- The Georgian offers residents easy access to a host of dining, shopping, and entertainment options.
- ith its blend of luxury, convenience, and prime location, The Georgian Apartments presents an exceptional investment opportunity for potential buyers.
- The Property is also conveniently located near major transportation hubs, making daily commuting a breeze.
EXECUTIVE SUMMARY
PREMIER LOCATION: The Georgian is located in the heart of St. Louis, offering a vibrant and bustling neighborhood that is ideal for both work and play. The property's prime location provides easy access to some of the city's most popular attractions, restaurants, and shopping destinations. It is also conveniently close to major transport links, ensuring residents can easily navigate the city. Nearby are two of the country’s most respected educational institutions, Washington University and Saint Louis University. Highly-regarded Barnes-Jewish Hospital, Washington University Medical Center, Saint Louis University Hospital and the Cortex Innovation Community are also just a short distance from The Georgian.
LIFESTYLE: The Georgian offers a lifestyle of luxury, convenience, and comfort. The residential property features a variety of high-end amenities for its residents, including a state-of-the-art fitness center, a rooftop lounge, a clubhouse, and a pet spa. It also offers concierge services to cater to the needs of its residents. The apartments are designed with a modern and sophisticated aesthetic, offering a comfortable and luxurious living space.
INVESTMENT: The Georgian is an iconic property in the Lafayette Square neighborhood of St. Louis, Missouri. Lafayette Square is a high barrier to entry market for new construction multifamily product due to limited land availability and high construction costs. With the Property’s irreplaceable location, and limited new supply to compete with it, The Georgian truly offers investors a rare opportunity in the St. Louis market.
ACCELERATING SURROUNDING EMPLOYMENT: The Georgian is situated in a thriving employment hub, with a growing number of businesses and companies establishing their presence in the area. This presents a robust job market for residents, giving them access to a wide range of career opportunities within a short commute from home. The location combines the convenience of urban living with the benefits of a thriving job market.
BEST-IN-CLASS PRODUCT QUALITY: The Georgian is committed to delivering a top-quality product to its residents. The apartments are furnished with high-end appliances and finishes, providing a luxurious living space. The design, construction, and maintenance of the property are all carried out with meticulous attention to detail, ensuring that the standards of quality and comfort are consistently met. The Georgian strives to provide a living experience that is exceptional in every way.
LIFESTYLE: The Georgian offers a lifestyle of luxury, convenience, and comfort. The residential property features a variety of high-end amenities for its residents, including a state-of-the-art fitness center, a rooftop lounge, a clubhouse, and a pet spa. It also offers concierge services to cater to the needs of its residents. The apartments are designed with a modern and sophisticated aesthetic, offering a comfortable and luxurious living space.
INVESTMENT: The Georgian is an iconic property in the Lafayette Square neighborhood of St. Louis, Missouri. Lafayette Square is a high barrier to entry market for new construction multifamily product due to limited land availability and high construction costs. With the Property’s irreplaceable location, and limited new supply to compete with it, The Georgian truly offers investors a rare opportunity in the St. Louis market.
ACCELERATING SURROUNDING EMPLOYMENT: The Georgian is situated in a thriving employment hub, with a growing number of businesses and companies establishing their presence in the area. This presents a robust job market for residents, giving them access to a wide range of career opportunities within a short commute from home. The location combines the convenience of urban living with the benefits of a thriving job market.
BEST-IN-CLASS PRODUCT QUALITY: The Georgian is committed to delivering a top-quality product to its residents. The apartments are furnished with high-end appliances and finishes, providing a luxurious living space. The design, construction, and maintenance of the property are all carried out with meticulous attention to detail, ensuring that the standards of quality and comfort are consistently met. The Georgian strives to provide a living experience that is exceptional in every way.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 5.84 AC |
| No. Units | 74 | Building Size | 74,000 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 2.14/1,000 SF |
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 5.84 AC |
| Building Size | 74,000 SF |
| Average Occupancy | 92% |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | C - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Property Manager on Site
- Gated
- Grill
- Bicycle Storage
- Lounge
- Maintenance on site
- Pet Washing Station
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 38 | - | 518 - 833 |
| 2+2 | 35 | - | 1,067 - 1,101 |
| 2+2.5 | 1 | - | 1,294 |
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