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Multi-Family and Apartment Investing

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Andrew Pappas
  • Investor
  • Trumbull, CT
9
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59
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Advice on a St. Louis 4 family under contract

Andrew Pappas
  • Investor
  • Trumbull, CT
Posted Jul 4 2018, 11:16

St. Louis investors,

I've got a 4-family property under contract in University City area of St. Louis, MO.  I'm targeting C class areas, and wanted to get the opinion of some local BP investors on the area.  My realtor, 2 property managers, and 2 contractors all told me it's a decent area (not the most desirable but not a war zone).  All the criminal activity in that neighborhood in the past 6 months consisted of larceny/burglary, with most of it not being on Ursula Avenue.  No violent crime.  The address is 1118 Ursula Avenue, University City, MO 63130.  I got some good video from my realtor, and the area looks clean and decent. Am I accurate on this being a C class area?  Thanks for your input. 

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