Mills Properties Trades St. Louis Community
- May 15, 2018
Mills Properties, one of the top St. Louis apartment owners, has sold The Orion, a 178-unit luxury apartment community in St. Louis, to Brass Enterprises. The seller developed the asset, which opened in early 2016 following approximately two years of construction, according to Yardi Matrix.
Located at 4567 W. Pine Blvd. in St. Louis’ Central West End submarket, the property sits within a mile of Interstate 64, providing access throughout the area. The community is also well-served by public transportation, with a number of bus routes operating in the immediate area and a MetroLink station half a mile to the south.
The Orion offers a mix of one-, two- and three-bedroom floorplans, ranging in size from 634 to 1,736 square feet. The six-story building features a variety of community amenities, including a rooftop swimming pool, a 24-hour fitness center, bike storage, electric car charging stations and a resident club room. A 30,000-square-foot Whole Foods Market operates on the first floor.
Berkadia’s Managing Director Ken Aston and Senior Director Andrea Kendrick, of the firm’s St. Louis office, completed the sale on behalf of the seller.
Image courtesy of Yardi Matrix