Updated about 5 years ago on . Most recent reply
St. Louis multi family
Hi, can anyone give me some insight into the multi family situation in the St. Louis area? We are interested in solid class B, 10-50 unit multi family properties.
Thanks
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Todd Dexheimer
#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
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- St. Paul, MN
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
Look at areas of growth within the MSA. St. Louis has lost the highest percentage of population in the US since the 1950's (65%) and is still losing population. There are suburbs and parts of the city that will have population growth, so focus on those areas or find a new market.
To find the properties, search for the brokers that list those properties and reach out to them directly. Here is an article on finding brokers: https://www.biggerpockets.com/...