Beau Jardin

Description

Beau Jardin Apartments is a 182 units complex in St. Louis, Missouri (Population of 3 million in greater metro area) and was acquired in April 2017. The property is located adjacent to Creve Coeur neighborhood, a west-central neighborhood with about 18,000 residents. The neighborhood is also home to several large employers including: Mercy Hospital, Monsanto, SSM Health Care, Thomson Reuters, and other technology, life science, and medical services companies. It is a 10 minute drive from this property to Varia’s Maryland Park Apartments acquisition. Beau Jardin was owned by a local family that has 2,000 units within the City of St Louis. The property has only had 2 owners in its over 50 year history.

City
St Louis
State
Missouri
Aquisition date
April 2017
Number of units
182
Surface area
819 m2
Fair value
16.1 Mio USD