$8,539,240 USD
612-332-6600
1706 University Ave
Saint Paul, MN 55104
Merriam Park East
HIGHLIGHTS
- Twin Town operates as an inpatient, behavioral health/chemical dependency center for Men.
- There is a three-story dormitory with 51-beds and a two-story administration building.
- Lease guaranteed by Meridian Behavioral Health which is one of the fastest growing, leading behavioral healthcare platforms in the country.
- Meridian Behavioral Health, LLC was purchased by Renovus Capital in October 2023.
- Renovus Capital Partners is a private equity firm that invests in small and mid-sized businesses.
- Portfolio of 3 properties, available for portfolio or individual acquisition.
FOR SALE DETAILS
PRICE
$8,539,240 USD
PRICE/SF
$767 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Twin Town - Meridian Behavioral Health
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
-
APN/PARCEL ID
33-29-23-42-0001
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612-332-6600
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612-332-6600
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