Courtland Manor Apartments

Courtland Manor Apartments located in Shrewsbury, a highly sought-after suburban pocket of St. Louis County, defined by its central location and exceptional accessibility to the region’s primary employment and retail hubs. Residents are within just a short drive of Kenrick Plaza, which hosts popular retailers like Walmart and Aldi for daily essentials, along with upscale dining and the boutique shopping of nearby Webster Groves just minutes away. Families are drawn to the area by the Affton School District, specifically served by Rogers Middle School and Mesnier Primary, while the property’s location is also less than three miles from Webster University. Outdoor recreation is plentiful, with Watson Trail Park and the historic Grant’s Farm nearby, offering expansive green space and community events. Strategically positioned near the I-44 and I-270 interchange and only two miles from the Shrewsbury-Lansdowne Metrolink station, this location offers a perfect balance of quiet residential life and rapid regional connectivity.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.