Luxury Multifamily Property in St. Louis, MO

This listing presents a rare opportunity to acquire a luxury, Class A multifamily community in St. Louis, MO, at a potentially discounted price. The property, built in 2023, features 307 units and a range of amenities. A 75% tax abatement is in place through 2033, which could enhance cash flow. The effective gross income is reported as $6,284,296, with total expenses of $2,415,541 and a net operating income of $3,868,754.