Atherton Apartments

For Sale

8435 Atherton Dr, Saint Louis, MO 63130

This Saint Louis property for sale is located at 8435 Atherton Dr. The general use of Atherton Apartments is multi-family and it incorporates 28,256 square feet of class C multi-family space. The current listed sale price for Atherton Apartments is $2,695,000. Atherton Apartments is situated on a lot that is 0.53 acre in size.

Contacts

broker
Garen Lafser

Salient Realty Group

Property Details

  • Property Type Multi-Family
  • Property Size 28,256 SF
  • Units 32
  • Lot Size 0.53 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1963
  • Date Updated Feb 26, 2025
ISRG is pleased to offer this low-rise/garden style 32-unit apartment community to the market. The property offers investors significant rent upside potential compared to submarket averages (up to $359 in rent upside) and a strong mix of primarily two-bedroom units. There are multiple value-add strategies to maximize returns - raising rents for units in their current condition (low in place rent for 1 bed units is $475 & $600 for 2 bed units); or completing cosmetic updates and adding in-unit laundry which can command much higher rents. Competing submarket rents average $1,204 vs the property's average rent of $845. Please reach out to the brokers for more information.
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Highlights

  • Below market rents - up to $359/mo Rent Upside Compared to Submarket Avgs
  • Multiple Value Add Strategies | Raise In Place Rents | Raise Further w/ Cosmetic Updates
  • Large Unit Sizes (700 SF 1 bd's | 900 SF 2 bd's)
  • Strong Unit Mix - Majority of Two Bed Units (75%)
  • Great Mid County Location
  • Near New Costco & Olive Crossing Development

Getting around

  • 31/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Saint Louis, MO
  • Neighborhood Vinita Park
  • Zip Code 63130
  • Market St Louis

Points of Interest

  • University City Library

    2.47 miles

  • Clayton

    2.61 miles

  • Leland Avenue

    2.61 miles

  • Delmar Loop

    3.09 miles

  • Delmar Loop Metrolink

    3.14 miles

  • Skinker

    3.17 miles

  • Lambert Airport Terminal 2

    3.78 miles

  • Forest Park - DeBaliviere Metrolink

    3.80 miles

  • Missouri History Museum/Forest Park

    3.96 miles

  • Discovery Corner Station

    4.18 miles

  • QuikTrip

    0.66 miles

  • QuickTrip

    0.79 miles

  • Costco Gasoline

    1.22 miles

  • Mobil

    1.28 miles

  • Phillips 66

    1.75 miles

  • Bucky's Convenience Store

    1.92 miles

  • Electric Car Charging Station

    4.93 miles

  • Tesla Supercharger

    6.11 miles

  • ChargePoint

    7.13 miles

  • EVgo Charging Station

    7.75 miles

  • South Campus Garage (SCG)

    2.19 miles

  • Parking lot (JJ)

    2.26 miles

  • The Parking Spot East

    2.30 miles

  • University City Public Library Parking Lot

    2.45 miles

  • Municipal Lot #4

    2.54 miles

  • Clayton Metrolink Parking Garage

    2.57 miles

  • Municipal Lot #3

    2.60 miles

  • Millennium Student Center Garage South

    2.61 miles

  • Millennium Student Center Garage North

    2.68 miles

  • Snow Way Parking Garage

    2.71 miles

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

    1.98 miles

  • Seven Gables Inn Tribute Portfolio

    2.22 miles

  • Residence Inn

    2.24 miles

  • Clayton Plaza Hotel

    2.43 miles

  • Ritz-Carlton Hotel St. Louis

    2.46 miles

  • Le Meridien St. Louis Clayton

    2.50 miles

  • AC Hotel St. Louis Clayton

    2.54 miles

  • Bonhomme Village Apartments

    2.76 miles

  • Hilton Garden Inn St. Louis Airport

    2.91 miles

  • Moonrise Hotel

    2.92 miles

  • Olive Supermarket

    0.71 miles

  • ALDI

    0.73 miles

  • Schnucks

    1.06 miles

  • Marshalls

    1.14 miles

  • Fields Foods

    1.68 miles

  • Save-A-Lot

    2.00 miles

  • Straub's Market

    2.17 miles

  • East Seoul Oriental Grocery Market

    2.61 miles

  • United Provisions

    2.82 miles

  • Dillard's

    3.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Garen Lafser

Salient Realty Group

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