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SOLD
The Oliver
OLIVETTE, MO | 151-UNIT, MULTIFAMILY DEVELOPMENT
Key Investment Highlights
The Oliver is a four-story multifamily development project with partner Ridgehouse Capital. The residential building consists of 151 units and an outparcel with 3,500 SF retail space. The property was built with ample parking (10 spaces for every 1000 SF) and excellent amenities, including a vibrant pool and cabana area, sundeck, fitness center. The club room is 4,000 SF. Pedestrian-friendly sidewalks and walking paths will connect the community to Olive Boulevard. Olive Boulevard is a busy corridor feeding commuters to the many biotech, high-tech and health-related businesses located in Olivette and the neighboring city of Creve Coeur.
Development Information
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Property Type
Multifamily
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Market
St. Louis
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Deal Type
Opportunity Zone
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# of Units
151
Deal Highlights
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Purchase Price
$28,700,000
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Purchase Date
2020
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Sale Price
$46,000,000
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Sale Date
2022
Located in
Olivette, MO
9473 Olive Blvd.
Olivette, MO 63132
United States
Invest With Larson Today.
Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.
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