Lake St Louis, Missouri Information
Set near two lakes between interstate highways 64 and 70, sits the planned community known as Lake St. Louis, Missouri. The community is a direct suburb of the much larger metropolis, St. Louis. The population of the community sits just above 14,500, growing annually by 1-2 percent. Approximately 60 percent of all adults in the area are married and the average household size is roughly 2.5 people. The community is largely considered to be somewhat wealthy, with the average median household income falling just over $68,000 per year. Only 3 percent of the population falls below the poverty line.
The median home value for the community is $262,900. The median price of homes currently listed on the market, however, it $332,000. Overall, the real estate market conditions are considered to be hot, reflecting trends across the greater United States. The average price to rent a 2 bedroom home in the area is $1213 per month.
Lake St Louis, Missouri Details
The community was first established in January of 1961. Ira Nathan and Iris Ellerman founded the community initially as a private resort area, which was a very popular development concept of the 60s. The initial concept was to build a private resort centered around a large lake that could be enjoyed by nearby residents during the weekend. Several years later the project would stall out due to financial constraints and the area would remain undeveloped until 1968. Lead by the developer RT Crow, the community would change to become a planned residence area, rather than a resort. By the end of 1968 units would be built in the community and the first residents would start to move in. Over the coming decades, more and more residents would buy pre-developed lots in the area, eventually growing the community to the size that it is now.
One of the major development projects within the community, outside of the housing, is the Shoppes at Hawk Ridge. It is an 800,000 square foot retail development that can be found in the south end of the area. What sparked the development of Shoppes at Hawk Ridge was the $26 million dollar highway overpass that was completed nearby in 2005. The overpass leads traffic away from I-64 highway and straight to the mall and retail area of the development. All of America’s top retail outlet chains can be found here such as a Wal-mart Supercenter, Lowe’s, and many more. The retail area is constantly expanding and new projects are being developed or planned continually.
The second major retail development in the community is the Meadows at Lake St Louis. Built in 2008, this huge open area shopping center caters mostly to the community’s large affluent residents. Considered to be somewhat “upscale”, here you can find stores like Von Maur and others. A Hilton Hotel, Marcus, and Saks Fifth Avenue are likely to be added to the Meadows in the coming wave of new development projects.
If you are interested in having your rental property analyzed then please give us a call today.
Lake St Louis Property Management
Our property management team specializes in residential areas throughout Lake St Louis, MO. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Lake St Louis area property management services.
I have used Keyrenter Property Management for a number years and have been pleased with their proficiency in terms of leasing and managing my rental property. I also appreciate the specialized service I get from the various team members.
Forrest M., Satisfied Client
The Keyrenter team is amazing. They are wonderful to work with, very professional, considerate and kind - we have had such an awesome experience over the past three years with our rental property and tenant management. HIRE THEM! They will not disappoint.
Sarah R., Satisfied Client
We have used other property management companies in the past and feel that Keyrenter exceeds the other experiences. Their attention to detail and communication are awesome. They were able to connect us to contractors to make property improvements with bids that were fair and honest. They found a renter for us quickly and the full process has been easy from the owner perspective. Thank you to the entire Keyrenter team!
Jane B., Satisfied Client
professional. Maintenance requests are handled quickly and they always follow up to ensure that the work was complete. It has now been 7 months and I could not be more happy with my home rental decision and Keyrenters! Thanks for everything! :)
Akiya M., Satisfied Tenant
Keyrenters tenant placement service is designed to provide landlords with a solution to the most difficult problem, finding a good tenant. Our leasing agents will not only locate good tenants, we use a thorough screening process and can even negotiate fair lease agreements.
Maintenance & Inspections
Our maintenance and inspection services are designed to keep the value of your property intact. We offer a full service options to provide our clients with only the best service possible. We will handle all of the difficult problems related to caring for the property and tenants.
Do you hate collecting monthly checks? Keyrenter provides accounting services to make sure you are paid on time, and your tenants are upholding lease agreement. We can assist with a variety of accounting options from monthly billing to taxes and other financial needs.
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