Marine Villa Infill and Rehab

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PostJan 15, 2021#1

Nextstl - What Should Be At Jefferson and Broadway

https://nextstl.com/2021/01/what-should ... -broadway/

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PostJan 15, 2021#2

quincunx wrote:
Jan 15, 2021
Nextstl - What Should Be At Jefferson and Broadway

https://nextstl.com/2021/01/what-should ... -broadway/
When I first glanced at that rendering I thought it was an updated proposal for Manchester, Sarah & Chouteau. It'd be a great addition at either location. 

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PostFeb 12, 2022#3

In September there was a $1M building permit application submitted for the rehab of 3600 S Jefferson.
3600 S Jefferson.jpg (144.85KiB)

PostFeb 12, 2022#4

Neat that they are using the existing structure. The setback is not so great.

NextSTL - Apartments Planned for 2101 Miami in Marine Villa

https://nextstl.com/2022/02/apartments- ... ine-villa/

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PostFeb 12, 2022#5

^ Seems like it would make for some great front facing patio seating, open air seating

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PostFeb 18, 2022#6

BB 190 zoning change for 2101 Miami

https://www.stlouis-mo.gov/government/c ... BBId=13987

PostOct 22, 2022#7

$300k building permit application submitted to convert 1952-54 Cherokee St from a 4-fam into a 5-fam.

PostJun 10, 2023#8

$200k building permit application submitted for rehab of 3425 Indiana. Convert from two family to single-fam.

PostAug 12, 2023#9

quincunx wrote:
Jun 10, 2023
$200k building permit application submitted for rehab of 3425 Indiana. Convert from two family to single-fam.
Issued. It looks rough, saved in the nick of time.

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Post5:06 PM - Today#10

Genuine question, how are some of these rehab jobs profitable enough for an investor in a neighborhood like Marine Villa? A 4 fam that was owned by my family many decades ago recently came for sale after multiple botched renovation jobs (3735 Wisconsin), and it sucks to see it in the state that it's in.

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Post6:49 PM - Today#11

Generally speaking, the multi-fam rehabs are not…when done right, so corners are cut. The SF rehabs are still fine.