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4961 Laclede Ave
Saint Louis, MO 63108
The Parkway · Multifamily Property For Sale
·
70 Units


INVESTMENT HIGHLIGHTS
- Central West End named a Top 10 Great Neighborhood by the American Planning Association
- Walkable to Forest Park with premier museums, theaters, and recreational amenities
- Steps from WashU, a top-ranked university contributing $3.6B to St. Louis' economy
- 1.5 miles from City Foundry, a $300M dining and entertainment destination
EXECUTIVE SUMMARY
Berkadia is pleased to present the exclusive opportunity to acquire The Parkway, a boutique mid-rise community located in the highly desirable Central West End submarket of St. Louis, Missouri. Originally constructed in 1909 and fully renovated between 2022 and 2023, The Parkway features 72 thoughtfully updated units. The property offers a balanced unit mix of 50% studios and 50% one-bedroom floor plans, with an average unit size of 640 square feet.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.77 AC |
| No. Units | 70 | Building Size | 80,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1909 |
| Building Class | B | Parking Ratio | 0.44/1,000 SF |
| Zoning | E | ||
| Sale Type | Investment |
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.77 AC |
| Building Size | 80,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1909 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | E |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Views
- Carpet
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 36 | - | 550 - 575 |
| 1+1 | 34 | - | 600 - 720 |
PROPERTY TAXES
| Parcel Number | 3884-23-0185-0 | Improvements Assessment | $1,192,940 CAD |
| Land Assessment | $56,529 CAD | Total Assessment | $1,249,469 CAD |
PROPERTY TAXES
Parcel Number
3884-23-0185-0
Land Assessment
$56,529 CAD
Improvements Assessment
$1,192,940 CAD
Total Assessment
$1,249,469 CAD
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