$6,555,000
( )
 $35,189 est/mo Sourced by Back At You

7736 Springdale Drive,Normandy, MO 63121

Normandy, MO 63121

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Description

Positioned in a high-demand rental corridor, 7736 Springdale Drive presents a compelling investment opportunity in the heart of North St. Louis County. Situated on 3.27 acres, this 69-unit apartment community spans 8 well-maintained buildings and is offered at $6,900,000, delivering an attractive 6.8% cap rate supported by strong in-place cash flow and consistently low vacancy. The property features an excellent unit mix of 14 two-bedroom, 1.5-bath units, 39 two-bedroom, one-bath units, and 14 one-bedroom, one-bath units, appealing to a broad tenant base. Ideally located just minutes from University of Missouri-St. Louis (UMSL), the asset benefits from steady rental demand driven by students, faculty, and the surrounding workforce. Its proximity to NorthPark, along with major employers such as Express Scripts and Boeing Defense, Space & Security, further enhances tenant stability and long-term occupancy. Many units have been thoughtfully updated, along with key improvements to major systems and appliances, minimizing near-term capital expenditures and supporting operational efficiency. The property is professionally managed with experienced on-site management currently in place, and ownership is willing to facilitate a seamless transition by retaining the existing team, providing operational continuity and reducing lease-up or management risk for a new owner. With market-aligned rents and additional upside potential, this stabilized asset offers investors a turnkey opportunity to acquire a well-located, income-producing property in a proven and growing rental market.

Details

MLS #26023533
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site143
Listing Provided ByThe Hermann London Group LLC | Nidhi Soni

Features

Building(s)8
Acreage4.32

Interior

CoolingCeiling Fan(s), Central Air
HeatingForced Air, Natural Gas
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Refrigerator, Washer

Exterior

Construction MaterialsBrick Veneer

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricAmeren

Taxes

Property81755

Area Information

StateMO
CountySt. Louis
CityNormandy
Zip Code63121
AreaNormandy
Community NameNormandy Heights Amd
Listing VS Median (in Normandy Heights Amd)
Price:
$6,555,000
low | high
Med:
$0
On site:
143
low | high
Med:
Sourced by Back At You

Market Activity 63121

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of September 14, 2026 at 10:31:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMO
CountySt. Louis
CityNormandy
Zip Code63121
AreaNormandy
Community NameNormandy Heights Amd
Listing VS Median (in Normandy Heights Amd)
Price:
$6,555,000
low | high
Med:
$0
On site:
143
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $4.916M - $8.193M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4318 Walker Lane Property Photo 1
$6,080,000
4318 Walker Lane
Normandy, MO 63121
Listing Updated: July 9, 2026 at 7:33:08 PM PDT