EOSIS Behavioral Health – Twin Town
1706 University Avenue West, Saint Paul, MN 55104
Marketing description
EOSIS (Formerly Meridian Behavioral Health), LLC was purchased by Renovus Capital in October 2023. Based in the Twin Cities area of Minneapolis-St. Paul, EOSIS Behavioral Health is one of the fastest growing, leading behavioral health platforms in the country. Currently, there are 21 EOSIS and New Beginnings properties. The facilities span as far north as East Grand Forks and as south as Rochester. EOSIS provides substance use disorder treatment services across a broad continuum of care, including in-patient, residential, and out-patient treatment. For more than 25 years, EOSIS has developed and refined an innovative, evidence-based care model focused on positive patient impact. EOSIS also owns New Beginnings which has 10 locations. Today, the 1,100 employees of EOSIS's network serve countless patients at multiple facilities. At this time of national crisis, EOSIS continues to invest in new campuses and programs to better meet the needs of its patients.
Investment highlights
- 51-Bed Residential Chemical Dependency Treatment Facility. Two buildings: Three story dormitory building, plus basement; and administration building, two stories plus basement. A tunnel connects the two buildings.
- This property includes five parcels: Client Building, Admin Building, Yard & Parking, Garage, and Parking Lot.
- Operated as chemical dependency center for 50 years.
- The Metro Transit light rail system passes directly in front of Twin Town, and carries over 14 million passengers per year.
- Annual rent increases, the greater of 3% or CPI, 5% cap per year, but any excess carries over.
- NNN Lease Type
- Lease Expiration: 1/31/2034
- Remaining Lease Term: 7 Years, 8 Months
- Guarantor: EOSIS (Formerly Meridian Behavioral Health), LLC (a Delaware LLC)
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