February 16, 2010
6:30 PMto8:00 PM

There are many great opportunities in Eagan, MN and the Eagan area for those who are considering purchase of an investment property.  The market is good for investors in general with the market price adjustments that have taken place in the past few years, but the Eagan area homes for sale have some added benefit to offer an investor.

When I write about the Eagan area, what is that exactly?  That would be Eagan, Mendota Heights, Inver Grove Heights, Apple Valley.  And that area is immediately adjacent to the Minneapolis/St Paul International Airport which with all the companies that have operations in and around the airport make this area very attractive to all the employees who work at those companies.  Hotels, rental cars, cargo and freight, customer service agents, mechanics, TSA security and of course the list goes on and is a major part of the economy in the surrounding area.   There are also other areas for those people that work at the MSP airport such as Bloomington, Richfield, South Minneapolis, St Paul Highland Park – Groveland areas are also very easy commutes for those that work at MSP airport, and many people who work at the airport do also live in those areas and have an easy commute.

So what would make Eagan and the surrounding area more attractive to investors who are looking for rental property would be the additional amounts of industry and employees that work in the Eagan area and would be attracted to a nice rental property in their own back yard.  Major industry and employers such as Thomson Reuters (West Pub), Lockheed Martin, Blue Cross Blue Shield of Minnesota, US Postal Service, United Parcel Service, Coca-Cola Midwest Bottling, Ecolab and the list goes on, the unemployment rate for Eagan is still below 6.0% as of December 2009 as opposed to the season adjusted average for the State of MN at 7.4%.

With jobs and a good economy, there is plenty of demand for good rentals in the Eagan area.  Combined with the recent market adjustment to the price of homes, town homes and condos in the Eagan area there are more reasons than not to consider finding a rental property in the Eagan Area.

If you are interested in learning more about investment property, I would suggest that you consider joining us for one of our FREE Investment Property Seminars that is put on each month by members of our group at Investment Property Guys.com . Just go to the website and find the link to the seminars.  You can sign up online under the seminar tabs or just contact me and I will get you registered for that seminar.  They are on my events calendar on my Eagan Area Homes website as well.

The location of this seminar is at Cornerstone Mortgage 436 Gateway Blvd, Burnsville, MN 55337.  Your co-host for this event is Rob Bonahoom is an expert financial adviser for many of our active investors.

The seminar is FREE and open to anyone thinking about real estate property investment.

And when you are ready to make that investment into some rental property, just contact me and I can give you a hand with your search and purchase of some great investment property opportunities right here in Eagan, MN and the surrounding communities.

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One Comment to “Investment Property in Eagan:”

  1. Great article Dan. I have always liked Eagan. There are some great investment opportunities there in Duplexes and some 4-plexes.

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