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Listing provided courtesy of CBREMLS# 25068193MLS Provider
  • 265 days on site
  • 1 views

Concord Place is a 50-unit property that is positioned for immediate rent growth with below-market rents and strong local demographics, allowing new ownership to implement a value-add strategy and push rents through targeted renovations. • Built in 1966, Renovated in 2017-2018 (new roofs in 2022) • 5 Buildings, 50 total units across 2.09 acres • Mix of 1- and 2- bedroom units (60% two-bedrooms) • Avg. in-place rent: $960/ unit (below market rents of $1,094 for 1BR and $1,355 for 2BR) • 100% occupancy with strong in-place cash flow • Recent capex expenditures over 500,000, including new roofs, interior upgrades, and exterior improvements • Value-add potential through interior updates and adding washers/ dryers in units (currently only 2 units equipped) • Prime location near Lindbergh Blvd, Tesson Ferry Rd, and I-270 with nearby developments like Tesson Ridge and new retail (including Chick-fil-a)

Source: Missouri - MARIS MLS, MLS#: 25068193

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  • Property Type
    Residential Income
  • Lot
    2.09 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 11542 Concord Village Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Missouri - MARIS MLS Price Reduction
$5,500,000 -6.8%
3/10/2026Source: Missouri - MARIS MLS Price Reduction
$5,900,000 -3.3%
2/2/2026Source: Missouri - MARIS MLS Price Reduction
$6,100,000 -3.2%
1/21/2026Source: Missouri - MARIS MLS Price Reduction
$6,300,000 -1.6%
11/25/2025Source: Missouri - MARIS MLS Price Reduction
$6,400,000 -1.5%
10/7/2025Source: Missouri - MARIS MLS Added to Database
October 07, 2025