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November 29, 2017  

St. Louis Apartment Complex for Sale

A multi-family operator is pitching a St. Louis complex with both core and value-added profiles.The property, in the Central West End neighborhood, encompasses four buildings with 401 units. One building, with 82 units, was constructed a few years ago and has relatively high asking rents. But the other three date to the early 1900s and are ripe for upgrades that would give the buyer leeway to raise rents.Bids for the nearly five-acre property,...

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