REO SALE Timber Ridge Apartments
Saint Louis , Missouri
Building
Stats
- Property Type Multifamily - High-Rise
- Year built 1963
- Building size (SF) 131,290
- Size (AC) 6.07
- Price $4,950,000
Overview
Timber Ridge Apartments are located in the Spanish Lake neighborhood of Saint Louis, MO, at 1342 North Garden Drive. The multi-family complex has 144, two (2) bed, one (1) bath apartments that can suit a wide variety of necessities. In addition, the property features ample parking allowing easy access for all residents.
Lender Foreclosure - potential investors should be aware the Lender acquired the property via a foreclosure. As a result, property is being sold in “As-Is” condition with no representations and warranties. During their short term of ownership, the Lender has started making units in rent-ready condition and leasing the units. This is an excellent opportunity for an investor to increase occupancy and take advantage of the housing demand for multi-family units in this marketplace