Updated over 1 year ago on . Most recent reply
Seeking Business Partner for Property Investment Near University of Minnesota
I am looking for a business partner to invest in a prime property I own near the University of Minnesota. This 4-bedroom, 2-bathroom property, with a spacious 1,790 sqft living area on a corner lot zoned CM1 for mixed-use, offers significant rental potential.
**Key Details:**
- Remaining loan balance: $178,000
- Favorable interest rate: 3.4%
- Monthly PITI: $1,368
- Potential rental income: Over $2,200/month
I prefer not to sell outright and am seeking an equal equity partner. The ideal partner would either manage the property on-site or have an interest and experience in developing or new builds. Experience in property management or real estate investment is highly preferred.
I am open to discussing how to structure the deal to ensure mutual benefit, including considerations for new development.
If you are interested in a lucrative real estate investment with the capability to manage or develop the property, please contact me to discuss further.
**Key Details:**
- Remaining loan balance: $178,000
- Favorable interest rate: 3.4%
- Monthly PITI: $1,368
- Potential rental income: Over $2,200/month
I prefer not to sell outright and am seeking an equal equity partner. The ideal partner would either manage the property on-site or have an interest and experience in developing or new builds. Experience in property management or real estate investment is highly preferred.
I am open to discussing how to structure the deal to ensure mutual benefit, including considerations for new development.
If you are interested in a lucrative real estate investment with the capability to manage or develop the property, please contact me to discuss further.
Looking for
Minneapolis, Minnesota