GreyHill Group Acquires Westminster Place Apartments In St. Louis For $38.2M

The asset involved in the transaction is a multi-family property located at 4005 Westminster Place in St. Louis, MO. The sale price of the property was $38,200,000, which comprises 337 units. The property, built in the 1980s-90s, has achieved a 96% occupancy rate.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $38,200,000
• Units: 337
• Price Per Unit: $113,353
• Buyer: GreyHill Group
• Market: St. Louis, MO
• Date of Sale: 01/06/2026

Greyhill Group, the buyer, plans to undertake renovations on the Westminster Place Apartments and aims to hold the asset long-term. This acquisition marks Greyhill Group's expansion into its ninth state.