Property Website: https://properties.nmrk.com/4600-country-lane-st-louis-sale?utm_medium=email&utm_source=nkf-cb&utm_campaign=NEW+LISTING%3a+Pear+Tree+Village+%7c+134+Units+Adjacent+to+%243B%2b+Airport+Development+%26+Boeing+HQ+%7c+St.+Louis%2c+MO&utm_term=04%2f29%2f2026 STRONG CENTRAL LOCATION ADJACENT TO LAMBERT INTERNATIONAL AIRPORT AND BOEING’S ST. LOUIS HEADQUARTERS Pear Tree Village is ideally positioned in Central St. Louis County, directly adjacent to Lambert International Airport and Boeing’s St. Louis headquarters—two of the region’s largest employment drivers. This proximity provides a deep and stable renter pool, supporting long-term demand and occupancy performance. The location benefits from consistent workforce housing demand tied to these major employers.? OPPORTUNITY TO ACQUIRE FROM LONG-TERM LOCAL OWNERSHIP Pear Tree Village is being offered by long-term local ownership, presenting an opportunity to acquire a well-cared-for asset with operational continuity. This ownership profile has resulted in consistent management practices and a strong understanding of the submarket. New ownership can capitalize on this stable foundation while implementing strategic enhancements.?? STRONG IN-PLACE OPERATIONS - HISTORICALLY HIGH OCCUPANCY & 6% AVG ANNUAL RENT GROWTH OVER LAST 10 YEARS The property has demonstrated consistently strong operational performance, highlighted by historically high occupancy numbers (consistently in the mid-90s) and incredibly strong rent growth (average 6%+ growth per year over the last 10 years) Current operations provide immediate, reliable cash flow from day one of ownership. This stability reduces execution risk while offering a solid base for future value creation.?? WELL-MAINTAINED BY LOCAL HANDS-ON MANAGEMENT Pear Tree Village has been maintained through hands-on, locally based management. This attention to detail is evident in both the physical condition of the asset and its operational performance. As a result, the property presents minimal deferred maintenance and a turnkey investment profile.? CLEAR PATH TO VALUE-ADD RENT UPSIDE VIA COSMETIC UNIT UPGRADES ?The asset offers a defined value-add opportunity through interior unit renovations and cosmetic upgrades. Proven premiums within the property and submarket demonstrate the ability to drive rent increases with relatively modest capital investment. This strategy provides a path to enhancing NOI and overall asset value (see additional details on page 10). ATTRACTIVE MIX OF STUDIO, ONE-BEDROOM, AND TWO-BEDROOM UNITS APPEAL TO A WIDE VARIETY OF RENTER PROFILES The property features a balanced unit mix of studios, one-bedroom, and two-bedroom apartments, catering to a diverse tenant base. This variety appeals to a range of renters, from single professionals to small households. The diversified demand profile helps support occupancy stability across market cycles. ? CONNECTIVITY TO THE ST. LOUIS MSA VIA I-70, I-170, AND I-270 Pear Tree Village benefits from regional connectivity, with access to I-70, I-170, and I-270. This allows residents to commute throughout the St. Louis MSA, including key employment and retail corridors. The property’s accessibility enhances its appeal to tenants seeking convenience and mobility.