Savoy Properties Represents Buyer of 24 Units in Dogtown
August 13, 2013– Savoy Properties represented Algonquin Properties, LLC in the purchase of 6724-6730 Clayton Ave, St. Louis, MO 63139, a 24-unit multi-family property on 0.29 acre. The Property was purchased from St. Louie Huey, LLC for $1,585,000 on August 7, 2013. At the time of sale, the Property was 92% occupied.
Located in the historic Dogtown neighborhood, the Property features a mix of 2bed/1bath and 1bed/1bath units with some units renovated with updated kitchens and bathrooms. New ownership plans to complete the renovation.
David Brader of Savoy Properties represented the buyer, Algonquin Properties, LLC. Dave Voges of Prudential represented the seller, St. Louie Huey, LLC.