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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Andrew Moore
  • Investor
  • Oklahoma
5
Votes |
18
Posts

South South St Louis (Patch & Carondelet) Good or Bad?

Andrew Moore
  • Investor
  • Oklahoma
Posted

I should have asked months ago, but hope to here your thoughts on the Patch & Carondelet areas of South City for multifamilies?  As an out of state investor, I am seeing some good cash flowing properties. I understand it can be block by block, but do the guys on the ground have a local pulse? At it's worst, improving, steady? Specifically in Patch off of Broadway..

Most Popular Reply

User Stats

57
Posts
24
Votes
Eric Castelli
  • Investor
  • Columbia, IL
24
Votes |
57
Posts
Eric Castelli
  • Investor
  • Columbia, IL
Replied

I haven't invested in either of these areas but invest in nearby Dutchtown.  I have looked in these areas and generally they are a bit nicer than Dutchtown, at least in my opinion.  I would invest in these areas if I found a property I liked there - I just haven't thus far.  Generally C class areas with some small signs of movement in the right direction.  Just my two cents.

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