Frogtown neighborhoods discussion

[Adam Widder]

Hey Minneapolis and Saint Paul investors! I'm currently out of state but last time I was there I was looking at 3 properties in the Frogtown neighborhoods.  Here's a couple perceptions:

1- Properties can cash flow

2- Currently a rough neighborhood.  When I was driving around it was rough, police were out though a lot but it was rough.

And a speculation:

1- With the soccer stadium going in near it, the neighborhood's location between the 2 metros, and the low price to enter for young millennial's, do you think this will change the neighborhood?

Love to hear your thoughts! Thanks for reading!

[Tim Swierczek]

@Adam Widder I think you're on to something.  I do think parts will improve but like Payne Phalen I expect it to be a block by block situation.  I would stay close to the development and near the light rail.  The further you get from those two areas the less likely it will rebind.  Also look for the bigger places with good floor plans.  Most of them are chopped up crap.