Greenwood Apartments (the “Property”), is a 24 unit multifamily asset located in Maplewood, a suburb in the St. Louis MSA. The Property features 24 one-bedroom units in one three-story building. The property has strong historical occupancy and is currently 100% occupied. Significant value-add potential exists, as nine of the units are in classic or near-classic condition, providing new ownership with the immediate opportunity to implement upgrades and subsequently increase rents. Greenwood Apartments is located in the city of Maplewood, just off Big Bend Road and less than one mile from the I-44 and Shrewsbury Avenue Interchange. Maplewood is a family-friendly suburban community situated four miles from Clayton and ten miles southwest of Downtown St. Louis.
