Hey all!
I’m looking at an investment for my firm in a ground up multifamily just outside of St Paul MN, in Lake Elmo.
Wondering if you monkeys think it’s a good time to invest there given rent control and a complete halt in development in the city.
Property will have good commute access to the city and will be priced just below the highest end properties around it. Population growth has been pretty high there over the past few years. Development seems to be pretty active but absorption is still falling short of supply.
Any other insights on the area?
Thanks!
Voluptate sunt consequatur sed in qui vitae. Deserunt et id nostrum repellendus quibusdam.
Autem sint labore et architecto officia quo nobis rerum. Facere quae in aut consequatur quas ducimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...