Lofts at the Highlands Apartments

KBS Location Icon 1031 Highlands Plaza Dr. West, St. Louis, MO 63110

Property Overview

The Lofts at the Highlands consists of two five-story residential buildings separated by a private community park. Developed and constructed by Balke-Brown Development, the property is unique among its existing competitors given its concrete/steel construction, secure underground parking and larger unit sizes that make the units feel like luxury homes.

Lofts at the Highlands is a 200-unit mid-rise apartment development built in 2006. The property is ideally located between downtown St. Louis and the prestigious Clayton business district. The region’s most exclusive housing surrounds the Clayton submarket. It is positioned less than 2 miles from Washington University and Barnes-Jewish Hospital. The property is also just across the freeway from Forest Park, a 1,371-acre urban park featuring the renowned St. Louis Zoo, St. Louis Science Center, St. Louis Art Museum, a golf course and extensive walking trails.

KBS Legacy Partners Apartment REIT funded the acquisition of Lofts at the Highlands through the assumption of a $32 million HUD loan and proceeds from its public offerings. The HUD loan is fixed rate at 3.40 percent amortizing over a 40-year term with a maturity date of August 2052.

1031 Highlands Plaza Dr. West, St. Louis, MO
KBS Square Footage Icon 200 Units
Multifamily Icon Multifamily Property Type

Amenities

  • Lofts at the Highlands Apartments offers Built-In Office Nooks as an amenity. Built-In Office Nooks
  • Lofts at the Highlands Apartments offers Clubhouse as an amenity. Clubhouse
  • Lofts at the Highlands Apartments offers Dining / Shopping Nearby as an amenity. Dining / Shopping Nearby
  • Lofts at the Highlands Apartments offers Entertainment Nearby as an amenity. Entertainment Nearby
  • Lofts at the Highlands Apartments offers Fitness Center as an amenity. Fitness Center
  • Lofts at the Highlands Apartments offers Freeway Access as an amenity. Freeway Access
  • Lofts at the Highlands Apartments offers Guest Suite as an amenity. Guest Suite
  • Lofts at the Highlands Apartments offers Hospital / Medical Center Nearby as an amenity. Hospital / Medical Center Nearby
  • Lofts at the Highlands Apartments offers Jacuzzi as an amenity. Jacuzzi
  • Lofts at the Highlands Apartments offers Major University Nearby as an amenity. Major University Nearby
  • Lofts at the Highlands Apartments offers Marketing / Business Center as an amenity. Marketing / Business Center
  • Lofts at the Highlands Apartments offers On-Site Storage as an amenity. On-Site Storage
  • Lofts at the Highlands Apartments offers Park Nearby as an amenity. Park Nearby
  • Lofts at the Highlands Apartments offers Parking Garage as an amenity. Parking Garage
  • Lofts at the Highlands Apartments offers Rooftop View Terrace as an amenity. Rooftop View Terrace
  • Lofts at the Highlands Apartments offers TV Lounge as an amenity. TV Lounge
  • Lofts at the Highlands Apartments offers Walk-In Closets as an amenity. Walk-In Closets
  • Lofts at the Highlands Apartments offers Yoga Studio as an amenity. Yoga Studio