Cortona at Forest Park_Actifs en vente
Cortona at Forest Park_Actifs en vente
5800 Highlands Plaza Dr, Saint Louis, MO, 63110-1397, US

Cortona at Forest Park

Description de l'actif

Jones Lang LaSalle (“JLL”) is pleased to present Cortona at Forest Park (“Cortona”), a 278-home mid-rise apartment building featuring a premier location next to St. Louis’ Forest Park, as well as nearby downtown Clayton and Central West End. Cortona offers an unbeatable live/work/play location that is a short commute to all Forest Park has to offer, as well as top employers, entertainment, retail, restaurants, and downtown St. Louis.

...

Caractéristiques de l'actif

Nombre d'unités
278 Unité de mesure
Occupation
95,00 %
Année de construction
2014
Surface de l'actif Net
40 001 m²

Média

Points clés d'investissement

Premier Location

  • Adjacent to beautiful Forest Park
  • Abundance of entertainment, restaurant and retail options surrounding Forest Park, including Clayton and Central West End
  • Proximate to Barnes Jewish Hospital, Wash U, Saint Louis University, Cortex Innovation District, and other top employers, education and healthcare

Value-Add Story

  • Competitive apartment finishes primed for interior value-add
  • Verified renovation to modernize homes and achieve $300 premiums 
  • Opportunity to reimagine some amenity spaces 

Incredible Tax Benefits 

  • Desirable tax abatement in-place through 2038 
  • Owner only pays 50% of tax bill with no reassessment 

Best-In-Class Development with Top Amenities 

  • Part of walkable master-planned development inclusive of restaurants, fitness, healthcare, hospitality, office and private park
  • Unbeatable community amenities including resort-style pool

Superb Property Performance

  • Last 75 leases show a 7% premium over in place effective rents 
  • Strong Occupancy (98%) 
  • 60% Retention 
Cortona at Forest Park 4_Actifs en vente
Cortona at Forest Park 4_Actifs en vente

Contacter l'équipe

Cortona at Forest Park (0 actifs)

Acitfs similaires

Voir plusChevron Right
Vous avez des questions ? Consultez notre page FAQ
Voir la page FAQArrow Right
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
30 mai 2023