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Updated over 10 years ago, 07/15/2014

Tony C.'s profile image
Tony C.'s profile image
Tony C.
  • Rental Property Investor
  • from St. Louis, MO
  • Member since Mar 26, 2012
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User Stats

30
Posts
4
Votes
Tony C.'s profile image
Tony C.'s profile image
Tony C.
  • Rental Property Investor
  • from St. Louis, MO
  • Member since Mar 26, 2012
Connect
Tony C.
  • Rental Property Investor
  • St. Louis, MO
4
Votes |
30
Posts
Real Estate Deal Analysis & Advice

Should I buy small apartment 20 1-bed Units?

Tony C.
  • Rental Property Investor
  • St. Louis, MO
Posted

I have an opportunity to buy a 20 unit apartment in the St. Louis area.  My primary concern is that its all small 460 square feet 1 bedroom units.  Looking for the forums thoughts concerning small one bedroom units.  The apartment currently has 14 of the 20 units occupied.  although this is a foreclosure it appears that the vacancy was high the 2 previous years as well.  Thoughts?

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