Trinity Park Apartments | 490 Units | 49% Occupied

Description:

Ri Marketplace Online Auction February 16th-18th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2963/trinity-park-apartments-490-units-49-occupied?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2963

Marcus & Millichap is pleased to offer Trinity Park Apartments, a 490-unit LIHTC and Section 8 multifamily community on ±24.08 acres in North St. Louis. The asset presents a clear lease-up/value-add story: physical occupancy is ±48.7%, average in-place rents are ±$610, and 2024 60% AMI caps allow higher achievable rents within program guidelines.

Comprised of 34 buildings, the Property offers a desirable mix of 285 one-bedroom apartments and 205 two-bedroom apartments. Community amenities include a clubhouse, pool, fitness, picnic area, tennis, laundry, elevator, and on-site management. The portfolio benefits from LIHTC compliance through 2037/2038, 102 units HUD Section 8 Project Based Rental Assistance, and a 20-year Option 2 renewal (effective 2025), providing income stability and mission alignment. Trinity Park Apartments is located 13 miles from Downtown St. Louis with access to Interstate 270/Route 367, major employers, and the forthcoming Saint Louis Zoo Wildcare Park.


The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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