Clara Heights Apartments

Investment Overview

807 Clara Avenue presents the opportunity to acquire a well-maintained multifamily asset in the City of St. Louis. The property features a classic brick exterior with strong curb appeal, spacious unit layouts, and a proven rental history, making it an attractive investment for both local and out-of-market buyers. Situated on a sizable lot with ample street parking and convenient access to major highways, the property benefits from strong connectivity to Downtown St. Louis, employment centers, educational institutions, and neighborhood amenities. Investors will appreciate the property's durable construction, operational stability, and potential for continued income growth through strategic management and future rent optimization. The surrounding area continues to experience public and private investment, creating long-term upside while providing residents with convenient access to shopping, dining, public transportation, and recreational opportunities.

Investment Highlights

• 24 Units - Near Forest Park, Delmar Loop, CWE and Washington University
• $1M of CapEx Recently Completed
• All Units Updated
• Below market rents with upside