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Opened in 2018, The Landing of O’Fallon was purpose-built to institutional standards, featuring steel frame construction, modern finishes, resort-style amenities, and a desirable mix of two-bedroom, one-bedroom and studio unit offerings.
Positioned in the affluent St. Charles County submarket of Greater St. Louis, the community benefits from strong 85+ population growth, high household and adult-child incomes, and outstanding growth in home values.
At the time of launch, the community had solid occupancy and margin and was gradually trending towards stabilization.
Despite significant construction activity in the submarket leading to multiple new competitors recently opening or slated to open, Blueprint’s marketing process generated multiple highly competitive bids from both public and private investors, driving a maximized price for the seller.
The transaction closed smoothly and at the agreed upon pricing with a repeat buyer chosen for their track record of execution.
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