19 Photos

$10,500,000

1027 Caroline Drive

Sunrise Valley & Madison Place Apartments, Washington, Missouri, 63090

MLS® 26038016 · Listed by Salient Realty Group, LLC

0 bedrooms105000.00 sqftResidential Income45 days on marketBuilt 1974Central Air,Wall Unit(s)

About this property

115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilized Strong unit mix - 80% of units are 2 beds Proven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upside Market rent spread of at least $137/unit/month across non-renovated units High growth submarket - Franklin County: 4% vacancy, 2.2% annual population growth Dual-asset structure: 89-unit flagship complex and 26-unit garden community Extremely supply-constrained submarket

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Estimated value

$5,255,817

Estimated range: $3,539,172 $6,972,462 · 33% confidence

Estimated value by month

Estimated value trend from Oct 2025 ($3,723,730) to Sep 2026 ($5,255,817)Oct 2025Sep 2026

This is an automated estimate based on MLS® market data — not an appraisal or a substitute for professional advice.

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MLS® data for this listing last updated Jul 30, 2026.

Market snapshot

The Sunrise Valley & Madison Place Apartments, Washington market

Closed sales in Sunrise Valley & Madison Place Apartments, Washington over the last 12 months.

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