Courtland Manor Apartments

Investment Overview

Salient Realty Group is pleased to present Courtland Manor Apartments, a 95 unit well-positioned multifamily asset located in the highly sought-after Shrewsbury, Missouri submarket of St. Louis County. The property’s infill location offers immediate access to Interstate 44, allowing residents convenient connectivity to Downtown St. Louis, major employment nodes, and established retail and dining destinations. Courtland Manor is currently leased at an average rent of $875, materially below estimated market rents of approximately $950, creating a clearly defined path to revenue growth. The existing rent gap can be captured through selective interior upgrades, improved operational efficiencies, and systematic rent repositioning, without reliance on aggressive assumptions. Comparable renovated properties in the surrounding area continue to demonstrate strong absorption and sustained tenant demand. Courtland Manor presents a rare opportunity to acquire a well-located, income-producing property with measurable upside and a straightforward execution strategy in one of the most defensive submarkets in the St. Louis metro.

Investment Highlights

• 95 Units - 70% of the units updated
• Prime location in Shrewsbury, MO
• Average Rents - $875 | Market Rents - $950
• Strong Tenant Demand
• All 1 Bed / 1 Bath Layout