Colonial Apartments St. Ann, MO

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Colonial Apartments

Address

4127 Geraldine Ave
Saint Ann, MO 63074

Summary

  • Units: 107
  • Built: 1971

Investment Highlights

  • Strategic Location Adjacent to Major Employment Centers
  • Diversified Unit Mix Supporting Rental Demand and Operating Performance
  • Stable In-Place Cash Flow Backed by Strong Occupancy
  • Attractive Value-Add Opportunity with Rent Upside
  • Attractive Assumable Debt – 3.53% Fixed Rate Freddie Mac Financing
  • Favorable Acquisition Basis Relative to Replacement Cost

Strategic Location Adjacent to Major Employment Centers

Colonial Apartments is strategically located within a highly connected employment corridor adjacent to Lambert International Airport, Boeing Defense, Space & Security’s St. Louis headquarters, and the Hazelwood Logistics Center, three of the region’s most significant employment and economic drivers. This proximity provides access to a deep and diverse renter pool, supporting consistent demand for workforce housing, strong occupancy, and stable cash flow. Backed by durable employment drivers and excellent regional connectivity, the property is well positioned for long-term operational performance and investment stability.

Diversified Unit Mix Supporting Rental Demand and Operating Performance

Colonial Apartments offers a well-balanced mix of one- and two-bedroom floor plans, providing investors with access to a broad tenant base and diversified rental demand. The property’s unit mix captures demand from single-occupancy renters while offering larger layouts that achieve higher rents and support resident retention. This balanced composition strengthens revenue potential, reduces turnover, and supports stable long-term operations.

Stable In-Place Cash Flow Backed by Strong Occupancy

Currently operating at stabilized occupancy (94% as of July 2026), Colonial Apartments provides investors with immediate, stable in-place cash flow supported by consistent historical performance and positive operating trends within the Mid County submarket. Strong occupancy highlights the property’s established market position and supports predictable revenue generation with limited near-term leasing risk. This operational stability allows for a seamless ownership transition while providing a durable foundation for long-term cash flow growth and asset value preservation.

Location Map

Amenities

Amenities

Unit Amenities

  • Force Heat & Cooling Central Air
  • Dishwashers
  • Ceiling Fans
  • Wheelchair Accessible

Community Amenities

  • On-Site Laundry Facility
  • Off-Street Parking

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively. 

MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.

Corey Egan

Corey Egan

Managing Director
MMG REA
424.288.1759 corey.egan@mmgrea.com
Ryan Menke

Ryan Menke

Senior Director
MMG REA
314.435.5449 ryan.menke@mmgrea.com
Harry Trotter

Harry Trotter

Regional Managing Director
MMG REA
913.426.3617 harry.trotter@mmgrea.com
Richard Redding

Richard Redding

Senior Director
MMG REA
816.810.5645 richard.redding@mmgrea.com
Jake Sullivan

Jake Sullivan

Senior Advisor
MMG REA
913.553.1733 jake.sullivan@mmgrea.com
Alex Blagojevich

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com
Michael Sullivan

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com