Carmel Hills Apartments I & II is an 86-unit apartment community located in St. Louis, Missouri. Built in 1963, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate.
Carmel Hills I features all 2-bedroom apartment homes and Carmel Hills II features all 1-bedroom apartment homes. Unit amenities include washer/ fully-equipped kitchens, dryer hookups, walk-in closets, extra storage space, and coin operated laundry services in the basement of Carmel Hills II.
