9420 Mary Glen Drive Crestwood, MO 63126

Building Details

Year Built

1963

Listing Agency: d***@nmrk.com Show Phone

Listed By: Dan Wiele · License ##2016000516

Source: Nmrk

Added: Jan 27 Changed: Jul 10 Last Checked: Jul 24 at 6:17AM

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Investment Insights

Based on property information with market context.

Forest View Apartments presents an opportunity to acquire a multifamily asset in Crestwood. The property, located in a supply-constrained submarket of South St. Louis County, offers access to Highway 44, employment centers, and retail along Watson Road. The property is positioned for value-add repositioning through addressing existing capex needs, unit renovations, and amenity expansion. Rent premiums have been proven on-site by current ownership. The unit mix includes one- and two-bedroom floorplans, appealing to a broad tenant base. Unit layouts are efficient and well sized, providing an excellent foundation for interior upgrades. The property is located near established single-family neighborhoods and benefits from access to thoroughfares connecting residents to employment hubs throughout the St. Louis metro. A 276-unit Class A multifamily community is planned directly adjacent to the property. The Crestwood Crossing shopping center enhances convenience and retail access.

Key Highlights

• Proven value‑add repositioning opportunity: Clear path to increased rents through renovations, supported by existing $190+ rent premiums.
• Highly desirable, supply‑constrained location: Located in Crestwood, a sought‑after South St. Louis County submarket.
• Immediate highway access and proximity to employment centers: Convenient access to Highway 44 and major employment hubs.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Apartment building - Multifamily asset in Crestwood with value-add repositioning potential.

Where is this apartment building located?

The property is located at 9420 Mary Glen Drive Crestwood, MO.

What are key features of this property?

This property features: Proven value‑add repositioning opportunity: Clear path to increased rents through renovations, supported by existing $190+ rent premiums.; Highly desirable, supply‑constrained location: Located in Crestwood, a sought‑after South St. Louis County submarket.; Immediate highway access and proximity to employment centers: Convenient access to Highway 44 and major employment hubs.