An affiliate of Asprient Properties of St. Louis is the new owner of Hampden Hall, a 1920s apartment bulding at 4400 McPherson Avenue in the city's Central West End.
The new owner is Everest-4400 McPherson LLC, which bought the building from CEAI Hampden Hall LLC for $7.7 million. That's according to Realty Exchange, which helped handle the sale.
Included in the deal is a parking lot next to the 76-unit apartment building. Andy Scott, a Realty Exchange investment associate, said Everest plans to update apartments as units turn over.
Hampden Hall last underwent renovation in 1993. The 14-story structure is built in what is known as the New York hotel style of apartment building. It lacks the grand lobby of some Central West End buildings but has spacious apartments in a generally quiet area.