Property Type: Multifamily
Location: O’Fallon, MO
Date Acquired: August 2015
The Preserve at Research Park is a 253 unit, Class A garden-style multifamily property built in 2000. The property is located in O’Fallon, MO, which is in the St. Charles County submarket (St. Louis MSA). The Preserve at Research Park benefits from its proximity to Highway K (a major north-south connector), Interstate 64 and 70, and the Page Avenue Extension (Highway 364), which provide excellent access to the greater St. Louis region. Located adjacent to the 168-acre Progress Point Business Center, a major employment hub housing large firms including the BJC’s $75 Million Progress West Healthcare Center and CitiMortgage.