Investment Overview

Tucked between the Twin Cities, Laurel & Ashland Apartments are a pair of early 20th century builds with 13 units each and about 21,000 square feet of rentable space. Both 1702 Laurel and 1703 Ashland consist of twelve one-bed/one-bath and one two-bed/one-bath units for a total of 26. Equidistant from both Minneapolis and St Paul, Laurel & Ashland Apartments are truly the best of both worlds, carving out a place for themselves in a historic, residential area near a number of colleges, such as Macalester College, the University of St Thomas, Concordia College, and the College of St Catherine. Given the current economic environment, many experts anticipate that GDP will contract over the next few quarters, which historically has resulted in downward pressure on Treasury yields. In turn, declining treasury yields typically lead to an increase in cash flow and subsequent asset values. If these economic shifts are realized, hard assets such as real estate should preform positively. Laurel & Ashand Apartments offer an investor the opportunity to acquire a centrally located and well maintained asset. Priced at a cap rate of 6.19%, this investment offers a buyer a stable and attractive return on investment with the potential of long-term appreciation and capital gains.