1265 & 1269 Moorlands Drive
$1,895,000
1265 Moorlands Drive, Richmond Heights, MO 63117
16,485 sqft
Building Size
94
Occupancy
Details:
Highlights:
- RARE 17-Unit Building & 6 Garage/Basement Storage Units
- Prime Richmond Heights Location – Minutes from Downtown Clayton, Forest Park, and Washington University
- Significant Value-Add Opportunity – Potential for unit upgrades and huge rent upside
- Strong Rental Upside – Average monthly rent upside of $347 for studios and $730 for 1bd/1bth units
Description:
Salient Realty Group is pleased to present 1265–1269 Moorlands Drive, a 17-unit multifamily investment opportunity located in the highly desirable Richmond Heights submarket of St. Louis County. Ideally positioned just minutes from Downtown Clayton, Washington University, Forest Park, and premier shopping and dining destinations, the property offers investors an attractive opportunity in a strong rental market. Buildings of this size in this area are extremely rare!
The property features a mix of apartment layouts, including a two-bedroom, one-bathroom basement unit, along with six garages plus storage units that provide an additional income stream. With its desirable location, multiple sources of income, and potential for rental growth, 1265–1269 Moorlands presents an excellent opportunity for investors seeking long-term appreciation and increased cash flow.
**Unit 69F – 2 Bed / 1 Bath: Requires renovations and updates to meet occupancy inspection requirements.
Richmond Heights is a highly desirable, centrally located community in the heart of St. Louis County, offering residents convenient access to some of the region’s premier employment centers, shopping, dining, and entertainment destinations. Positioned between Clayton, Brentwood, and Maplewood, Richmond Heights benefits from its proximity to major thoroughfares, including I-64/Highway 40 and I-170, providing easy connectivity throughout the St. Louis metropolitan area.
Residents enjoy convenient access to the Saint Louis Galleria, The Boulevard shopping district, and the vibrant dining and entertainment options in downtown Clayton and Maplewood. The community is also just minutes from Forest Park, Washington University, and major healthcare employers, including SSM Health Saint Louis University Hospital and the BJC HealthCare medical campus.
With its established residential neighborhoods, strong surrounding employment base, and central location, Richmond Heights continues to be an attractive rental market for residents seeking accessibility, convenience, and a high quality of life. These characteristics make the area a compelling location for multifamily investment.
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