1000 Wild Cherry Ln, University City, MO 63130

$3,400,000
34,300
SqFt

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List Price
$3,400,000
Days on Site
55
MLS#
26034791
Status
ACTIVE
Living Sq. Ft
34,300
Lot Size
6,534
Acres
0.15
Year Built
1959
Subdivision
Blackberry Terrace 2nd Add
Municipality
University City
County
St. Louis
Year Built
1959
Listing Type
Multifamily

Property Description

1000 Wild Cherry Lane presents a rare opportunity to acquire a 28-unit multifamily asset in the heart of University City. The property features an attractive unit mix of spacious three-bedroom, two-bathroom apartments, offering a highly desirable housing option for families and long-term residents. Following a substantial $600,000 price reduction, this offering now presents compelling value for investors seeking strong upside potential in a growing submarket. Large floor plans, consistent rental demand, and a location surrounded by significant public and private investment position this asset for future appreciation and operational growth. The property is strategically located near the ongoing redevelopment and investment along the Olive Boulevard corridor and is just minutes from University City High School, major employers, retail centers, restaurants, and transportation routes. As University City continues to benefit from revitalization efforts and new development, investors have the opportunity to acquire a sizable asset at a significantly improved basis. With 28 oversized units in a supply-constrained market, 1000 Wild Cherry Lane offers scale, strong resident appeal, and long-term investment potential.

Additional Information

School District
University City
Elementary School
Jackson Park Elem.
Jr. High School
Brittany Woods
Sr. High School
University City Sr. High
Cooling
Central Air, Gas
Heating
Forced Air, Natural Gas
Selling Terms
1031 Exchange, Cash, Conventional

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Listing courtesy of Salient Realty Group, LLC.

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