Brookfield Manor is a newly constructed property featuring individually rented condos inside of a 64-unit luxury condo development. Nestled in Oakville, Missouri and built in 2010, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance in a highly desirable submarket of St. Louis.
All units were completed in 2010 and some of them have received various upgrades allowing new ownership to push rents through continued cosmetic upgrades. Brookfield Manor is a quick 20 minute drive to downtown St. Louis via I-55 South.
Brookfield Manor features all two bedroom/two bathroom apartment homes with large balconies, reserved parking and is tucked away on a private drive amongst mature landscaping.
Investment Highlights:
Opportunity to own 39 luxury condominiums within a larger 64 unit development
• 2010 construction
• Located in a highly sought-after submarket of St. Louis South County
• Proven value-add program on light renovations
• Large units averaging 1,200 SF
• Excellent access to Hwy. 55; less than thirty minutes from Lambert St. Louis International Airport and 20 minutes to downtown St. Louis
• Located 16.2 miles from Busch Stadium
• Offered below replacement cost
