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Updated over 4 years ago on . Most recent reply

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Rex Hindrichs
  • Investor
  • St. Louis, MO
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St. Ann Area Experiences?

Rex Hindrichs
  • Investor
  • St. Louis, MO
Posted

Hi, all. New member recently settled in STL and looking to purchase my first investment property this spring. I'm looking at house hacking a residential multifamily thus far and most of the hits I've gotten in my price range keep coming from St. Ann and adjacent areas. I've driven through a few times and it seemed fine enough.

Does anyone have any good or bad experiences with this area or any advice for someone thinking about investing here? Much appreciated. 

Most Popular Reply

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David Ounanian
  • Real Estate Broker
  • St. Louis, MO
190
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377
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David Ounanian
  • Real Estate Broker
  • St. Louis, MO
Replied

Hi @Rex Hindrichs I bought my first deal in St. Ann   The deal went awful because I didn't know what I was doing at the time but the area is great for rentals and cashflow.  There is an area adjacent to St Ann named Breckenridge HIlls which seems to have a noticeable drop off in terms of values.

  • David Ounanian

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