St. Paul Portfolio

36 Units
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About St. Paul Portfolio

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St. Paul Value-Add Portfolio Opportunity

· Included in the offering are (3) multifamily properties, totaling 21-units in prime locations of St. Paul

·1372 Selby Ave, St. Paul, Minnesota (6-units)

·893 Fry St, St. Paul, Minnesota (7-units)

·1562 Sloan St, St. Paul, Minnesota (8-units)

Ownership will entertain offers on portfolio or individual properties

·Recent in-unit upgrades have been completed in half the units

· Upgrades include; hardwood floors, granite countertops, new cabinets and appliances

· Average in-place rents are roughly 10%-20% below market across the portfolio

· New boilers have been added to 893 Fry and 1372 Selby

· Numerous other capital improvements have been completed in the last 2-years

Prime St. Paul Locations

· Majority of properties located near the Summit Hill and Hamline-Midway neighborhoods of St. Paul

· Close proximity to local colleges including St. Thomas, Macalaster, Concordia, Hamline, St. Catherine and Mitchell-Hamline School of Law

· Easy access to publice transit including numerous Green Line Light Rail transit stations

· Average walk-score of 85 across the portfolio

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