Invinci Real Estate Advisors Opens St. Louis Headquarters in Berkeley, Missouri
Why Berkeley?
Berkeley, Missouri has a premium location in the St. Louis metropolitan area. It borders the St. Louis Airport and has major highways passing through it, making it a convenient travel hub for residents. Nearby large employers include Boeing, the University of Missouri-St. Louis, and Express Scripts. The NorthPark development, started in 2006, resides partly within Berkeley and has brought over 5,000 new jobs to the area to date (Online Source: http://www.northparkstl.com/community/, 8/9/2018).
There are currently 66 active listings for homes in the city of Berkeley having a median price of $49,500 (Online Source: https://www.realtor.com/realestateandhomes-search/Berkeley_MO, 8/9/18).
Why is Invinci Corporation excited about Berkeley?
· The people. A city’s culture and wealth are derived from its citizens. Current statistics on housing, crime, and education clearly show there is significant potential for improvement. We are connecting our financial future to helping Berkeley property owners raise their real estate values.
· The business environment. Invinci Real Estate Advisors is filling a need in the city. No other real estate office exists in Berkeley. The comprehensive services offered by Invinci Real Estate Advisors are an ideal match for families looking to reside here – as owners or renters – and for real estate investors buying & selling in the city.
· The development and expansion opportunities. This is our longer-term economic perspective that we have for the region, and we believe Berkeley has the potential to take the lead in north St. Louis County. Berkeley has a sizable number of vacant properties and a higher rate of rental housing compared to other municipalities within the St. Louis real estate market. The opportunities to expand investment, by resident-owners as well as portfolio investors, are abundant. In our view, the outlook for a higher rate of return on Berkeley property investments are excellent over the next five years. There are weaknesses to overcome, of course, but with effective public policy and citizen involvement, the city will prosper faster and greater than neighboring communities. We want to contribute to the community and be responsible for some of the buzz surrounding its transformation.
