Understanding Current Market & Expected Returns (MSP)

[Steven Pesavento]

Hi BP,

I'm working on analysis for a few different markets that our on my list, as I'm looking to move to settle in a new area.

My two questions are:

- What type of CapRate, CoC, and other key performance numbers should I expect or look for in the Minneapolis // St. Paul Metro area? If they are dramatically different by neighborhood, where are the best places to find this type of info?

- What areas in the Twin Cities are over saturated, or look like they are primed to grow?

Thanks in advance!

Background: I used to live in Uptown for a few years, and have my eyes on a few neighborhoods. I'm interested in Multifamily and Small Apartment buildings. Preferably with value add opportunities.