Chicago’s HFF recently closed the sale of 3949 Lindell, a 197-unit, Class-A luxury multi-housing community in the Central West End neighborhood of St. Louis.
HFF marketed the property on behalf of the seller, Gulfstream Capital Partners. Education Realty Trust purchased 3949 Lindell for an undisclosed amount free and clear of debt.
3949 Lindell is located across from St. Louis University and near Forest Park and the Washington University Medical Center. Completed in 2008, the four-story property has studio, one- and two-bedroom furnished units that average 894 square feet each. Street-level commercial space at the property totals 13,083 square feet. Community amenities include a swimming pool, business center, fitness center, tanning salon and assigned garage parking.
The HFF investment sales team representing Gulfstream Capital Partners was led by managing director Sean Fogarty, executive managing director Matthew Lawton and managing director Marty O’Connell.
