Greenwood Apartments

3704 Greenwood Boulevard, Maplewood, MO 63143

  • For Sale $1,995,000
  • Property Type Multi-Family
  • Property Size 14,400 SF
  • Units 24
  • Additional Rent Contact for pricing
  • Year Built 1971
  • Date Updated Dec 10, 2024
Maplewood was established around the turn of the 20th century. Maplewood was one of the early suburbs of St. Louis. Located just outside the city limits, Maplewood was located at the end of one of St. Louis's streetcar lines and was also located near major railroads. Maplewood's historic charm remains largely in tact and is one of the reasons the area has become so popular. Maplewood has quickly become one of the most sought after neighborhoods in the St. Louis area and is currently being revitalized by an influx of restaurants, businesses, and shops around Manchester Ave. & Sutton Ave. Residents can find restaurants of all kinds, upscale bars, entertainment options, breweries, and much more. All of this make Maplewood extremely walkable. Maplewood is also very centrally located with quick access to major highways. It is also near major hospitals (SSM Health - St. Mary's & Barnes Jewish Hospital), and major universities (Washington University & St. Louis University).Salient Realty Group is pleased to exclusively offer the opportunity to purchase The Greenwood Apartments in Maplewood, MO to qualified investors. The property is 14,400 SF consisting of 24, 1 bed/1 bath units. The deal has great upside potential by bringing rents to market and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring, kitchens. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential. Please reach out to the brokers for more information and to set up a tour of the property.
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Highlights

  • Great investment opportunity in the highly desirable Maplewood submarket
  • 24 units - 1 bd/1bth units
  • 15/24 units have been updated
  • Multiple Value add opportunities
  • Currently 96% occupied
  • Average rental upside of $193/unit
  • Potential to add washer/dryer in unit

Contacts

broker
Timothy McCarthy

Salient Realty Group

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Maplewood, MO
  • Neighborhood Maplewood
  • Zip Code 63143
  • Market St Louis

Points of Interest

  • Discovery Corner Station

    2.84 miles

  • The Wild Station

    2.94 miles

  • Clayton

    3.00 miles

  • Skinker

    3.38 miles

  • Missouri History Museum/Forest Park

    3.49 miles

  • University City Library

    3.71 miles

  • Forest Park - DeBaliviere Metrolink

    3.72 miles

  • Leland Avenue

    3.72 miles

  • Delmar Loop Metrolink

    3.86 miles

  • Delmar Loop

    3.91 miles

  • QuikTrip

    0.61 miles

  • Electric Car Charging Station

    0.70 miles

  • Circle K

    0.90 miles

  • Shell

    0.98 miles

  • Phillips 66

    1.16 miles

  • BP

    1.18 miles

  • Sam's Club

    1.22 miles

  • Quik Trip

    1.60 miles

  • Mobil

    1.79 miles

  • Tesla Supercharger

    3.61 miles

  • Deer Creek Park

    0.48 miles

  • Citizens Bank Parking

    0.76 miles

  • trailhead

    0.95 miles

  • Ted Drewes West Lot

    1.35 miles

  • Ted Drewes East Lot

    1.35 miles

  • Lot K

    1.44 miles

  • Lot J

    1.47 miles

  • Garden Park Plaza

    1.48 miles

  • Tuxedo Park STL Bed & Breakfast Inn

    0.99 miles

  • SpringHill Suites St. Louis Brentwood

    1.48 miles

  • TownePlace Suites Brentwood

    1.55 miles

  • Courtyard St. Louis Brentwood

    1.80 miles

  • Drury Inn and Suites St. Louis Brentwood

    1.98 miles

  • Drury Inn

    2.12 miles

  • Cheshire Inn

    2.22 miles

  • Holiday Inn

    2.26 miles

  • Residence Inn St. Louis Galleria

    2.26 miles

  • Red Roof Inn

    2.31 miles

  • Foley's Bar and Grill

    0.18 miles

  • Porter's Fried Chicken

    0.20 miles

  • KFC

    0.29 miles

  • Yummi Tummi

    0.35 miles

  • McAlister's Deli

    0.38 miles

  • Cousin Hugo's Restaurant

    0.45 miles

  • Picadilly Restaurant

    0.47 miles

  • Taco Bell

    0.52 miles

  • The Muddled Pig

    0.55 miles

  • Raising Cane's

    0.55 miles

  • MRH Early Childhood Center

    0.56 miles

  • Wilkinson Early Childhood Center

    0.64 miles

  • The College School

    0.70 miles

  • Wilkinson School

    0.71 miles

  • Maplewood-Richmond Heights High School

    0.71 miles

  • Saint Michaels School

    0.79 miles

  • Lindenwood School

    0.82 miles

  • Longfellow School

    1.08 miles

  • Avery Elementary School

    1.08 miles

  • Eden Theological Seminary

    1.31 miles

  • Union Preschool

    1.32 miles

  • Mary Margaret Daycare

    1.39 miles

  • Gymboree

    2.14 miles

  • Castleman Corner Day Care Center

    3.92 miles

  • Lambs Pride Day Care Center

    3.94 miles

  • University City Children's Center

    4.07 miles

  • Gravois Childcare Learning Center

    4.25 miles

  • Montessori Learning Center

    4.43 miles

  • Childgarden Early Childhood Center

    4.58 miles

  • A Place for Children

    5.32 miles

Frequently Asked Questions

How much does Greenwood Apartments cost?

The space currently listed for sale at Greenwood Apartments asks for $1,995,000.

What is the total square footage of Greenwood Apartments?

Greenwood Apartments totals 14,400 square feet.

When was this property built?

Greenwood Apartments was built in 1971.

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Contact Listing Broker
broker
Timothy McCarthy

Salient Realty Group