St. Louis, MOSTLOU-MO-DOWNTOWN-WEST

Downtown West

Conditional
Strategy · Cash Flow (value)Remote fit · MediumConfidence · Developing
Entry price$120K-230K
Typical rent$1,200-1,700
Gross yield8-12%
The case

Among the most accessible entry points in the city - very high renter occupancy thanks to proximity to downtown employment and attractions like Busch Stadium, with lofts and condos at low per-unit prices and strong paper yields.

Risks

Condo/loft-heavy with HOA costs, and pricing has been volatile. Property condition and association health drive the real return, so underwriting must be careful.

Best for

Cash-flow investors comfortable with condo/loft product who underwrite HOA costs and condition carefully.

Buy-box fit

0 entries

No published buy-box fits for this neighborhood.