1000 Danwood Lane LN #65 new Save Request In-Person Tour Request Virtual Tour
Fenton,MO 63026
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 39,000 sqft
Price per Sqft $128
Subdivision Danwood
MLS Listing ID 25051957
Year Built 1988
Property Sub-Type 5 Family or More
Property Description
Pinetree Apartments is a 65-unit multifamily property located in the sought-after Fenton area of Jefferson County. Constructed from 1981-1992 and situated on 3.2 acres, the property has been owned and managed by the same family for over 40 years, reflecting strong long-term care and consistent performance. Each unit is all-electric and includes in-unit washer and dryer, with 28 units recently upgraded with new kitchens. The property also features new roofs and an on-site laundry facility. Pinetree offers a rare value-add opportunity with below-market rents and significant upside potential through continued renovations and professional management. The
expansive land provides future flexibility for added amenities or potential expansion.
This is an ideal acquisition for investors seeking stable cash flow with long-term growth
in a strong suburban market.
Location
State MO
County Jefferson
Area 389 - Jefferson Co. R-7
Interior
Heating Baseboard
Cooling Wall Unit(s)
Exterior
Roof Type Pitched/Sloped
Building
Story 2
Water Public
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other