THE BORDEAUX

EXCLUSIVE SALE OFFERING

1330 Dolman Street

St. Louis, MO 63104

NEW List Price: $10,775,000

  • 2020 Renovation from the Ground-Up, Tax-abated through 2030!

  • Class A Asset in a Class A, Supply-Constrained, Inner-Core Submarket

  • Extremely Rare to Find a Class-A, Newly-Developed Asset at this Price Point!!!

  • Extraordinarily High Neighborhood Occupancy with Robust Rental Trending

  • Luxury Living in the Heart of Lafayette Square! Condo Grade Apartments Fully Loaded with Gorgeous Finishes and Smart Home Technology

  • A Rare Blending of New Construction Layouts/Systems/Amenities with Historic Old World Charm

  • 9 Unique Floorplans with Names Inspired by this Gorgeous Building’s Past and its Ties to the History of Saint Louis

  • Amazing Rooftop Retreat with Amenities Including a Grilling/Party Area, Outdoor Kitchen, Dual Jacuzzies and Sunbeds, and Stunning Downtown Views

  • Fitness Center with Cardio Theatre & Peloton, Secure Building with Ample Gated Parking

  • Gated Dog Park and Lafayette Square Community Gardens Directly Across the Street

  • Occupancy Consistently Near 100% Since Lease-Up

  • 6.68% Cap Rate on Year 1 Proforma, 6.24% Cap Rate on T-12 Actuals

Rooftop Retreat

Amazing Rooftop Retreat with Amenities Including a Grilling/Party Area, Outdoor Kitchen, Dual Jacuzzies and Sunbeds, and Stunning Downtown Views

Fitness Center

Fitness Center with Cardio Theatre & Peloton

Luxury Living

Luxury Living in the Heart of Lafayette Square! Condo Grade Apartments Fully Loaded with Gorgeous Finishes and Smart Home Technology

Condo Grade Apartments

A Rare Blending of New Construction Layouts/Systems/Amenities with Historic Old World Charm

The Bordeaux - Lafayette Square

The location of The Bordeaux is perfectly positioned for the some of the most desirable destinations in the St. Louis area.

The Bordeaux in Lafayette Square

With a history as vibrant and colorful as its trademark homes, Lafayette Square is the perfect intersection of past and present. Tree-lined streets and a picturesque park provide an ideal backdrop to the numerous eateries and social establishments. Fine dining, craft breweries, coffee shops, wine bars, unique shops, and community events in Lafayette Square contribute to the many inviting adventures of this location providing something for everyone. Lafayette Square is known for walkability, culture, and convenience. The eye dazzling architecture and ornately decorated homes are another hallmark of the location. Residents come together for neighborhood events and festivals in this inviting community.

Located just blocks from Lafayette Park and nestled between Downtown St. Louis and Historic Soulard, The Bordeaux is ideally located at the heart of all things St. Louis! Lafayette Park is a 29.95-acre public park, the city's oldest public park, created by local ordinance in 1836. Downtown attractions include catching a baseball game at Busch Stadium and visiting the Gateway Arch Grounds, with the Arch being the tallest monument in the U.S. at 630 feet in height. Historic Soulard is known for its landmark Soulard Farmer’s Market with 147 vendor stalls at this open-air market. Soulard is also the home to the Anheuser-Busch Brewery another national historic landmark.

The Bordeaux is also centrally located to BJC Healthcare, St. Louis University, Washington University, Ralston-Purina, Wells-Fargo Advisors, A.T. Still University-Missouri School of Dentistry & Oral Health, Forest Park, and more. Commuting is highly convenient with expedient access to all St. Louis interstates as well as the MetroLink with a station less than 2 miles away.

Within a short walking distance from The Bordeaux are Fields Foods Grocery Store, Walgreens, 4 Muddy Paws, Square 1 Brewery, Bailey's Chocolate Bar, Squires Restaurant & Annex Market, Eleven Eleven Mississippi, Vin De Set/P.W. Pizza, The Bellweather, Polite Society Restaurant & Bar, 33 Wine Shop & Tasting Bar, Hamilton's Urban Steakhouse & Bourbon, Planters House Whiskey Bar & Restaurant, Clementine's Naughty & Nice Creamery, Climb SO IL Climbing Gym, & J3 Studio Spa.

The location of The Bordeaux is perfectly positioned for the some of the most desirable destinations in the St. Louis area in a thriving community surrounded by historical homes and great residents!

The Bordeaux Location

The location of The Bordeaux is perfectly positioned for the some of the most desirable destinations in the St. Louis area.  Commuting is highly convenient with expedient access to all St. Louis interstates as well as the MetroLink with a station less than 2 miles away.

Highway access:  2 minutes to I-44, 2 minutes to I-55, 5 minutes to I-64/40.

Property Highlights

  • Built in 1910, Full Historic Tax Credit Renovation Completed in 2020

  • Tax-Abated through Year 2030

  • 34,846 Total SF

  • Wide Variety of 1 and 2 Bed Floorplans from 515 SF to 1,020 SF

  • Exterior Walls - Full Masonry Historic Construction

  • Rubber Membrane Roof, New in 2020

  • Separately Metered (Electric) Furnaces, Central A/C and Water Heaters, New in 2020

  • Water and Sewer on Master Meter, Plumbing Installed in 2020

  • Elevator Serving All Floors and Rooftop Installed in 2020

  • All Building Electric New in 2020

Property Summary

Units 51

Year Built/Reno 1910/2020

Total SF 34,846

Construction Masonry

Exterior Brick

Roof Rubber Membrane

HVAC (Separate) Forced/Central

Electric (Separate) Metered

Water/Sewer Master Meter

Investment Summary

Price $10,775,000

Price/Unit $211,274

Price/SF $309.22

Proforma Cap Rate 6.68%

Proposed Loan Amount $8,081,000

Loan Payment $45,794

Down Payment $2,785,010

Interest Rate 6.8%

Amortization Interest Only

Unit Mix

51 Apartments Totaling 34,846 SF

48   1 Bed/1 Bath

3    2 Bed/2 Bath

T-12 Report

August 2022 to July 2023

FLOORPLANS

9 Unique Floorplans with Names Inspired by this Gorgeous Building’s Past and its Ties to the History of Saint Louis.

The Bordeaux

Exclusive Sale Offering

Paul Cunningham

Cell: 314.406.4896  

Email: apts@paul-cunningham.com

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Paul Cunningham - RE/MAX RESULTS

© 2023 The Bordeaux - Paul Cunningham - RE/MAX Results

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