Building & Construction
Prime Mixed-Use Development Opportunity in Phillips West Neighborhood
Minneapolis, MN
N/A
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Situated in the Phillips West neighborhood, this 0.39-acre development opportunity presents a prime location for a mixed-use project in Minneapolis, strategically positioned to cater to the upcoming $1.2B Abbott Northwestern expansion. With a focus on providing modern, secure housing for the high-income medical workforce, this site fills a gap in the market left by outdated existing inventory.
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