Berkadia Closes $7.5M Sale Of Lynn Town Apartments In St. Louis, MO

A 144-unit garden-style multifamily property, Lynn Town Apartments, located at 9675 Muriel Avenue in St. Louis, Missouri, has been sold for $7.5 million. The property was sold by the seller represented by Managing Directors Andrea Kendrick and Ken Aston, along with Senior Director Bobby Mills from Berkadia. This successful transaction has brought in a purchase price of approximately $52,083 per unit.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Units: 144
• Price per Unit (PPU): $52,083
• Address: 9675 Muriel Avenue, St. Louis, MO
• Market: St. Louis, MO

The sale of Lynn Town Apartments was led by Berkadia's Managing Directors Andrea Kendrick and Ken Aston, along with Senior Director Bobby Mills. These individuals represented the seller in this successful transaction.