11 Home Portfolio in West Cleveland Multi-Family FOR SALE


Cleveland, OH
$1,210,000 USD
216-789-1636
, Cleveland, OH for Sale
$1,210,000 USD
Multi-Family - FOR SALE
1/1
null | 11.2% Cap Rate

11 Home Portfolio in West Cleveland
Cleveland, OH


HIGHLIGHTS

  • Low management
  • High demand areas
  • Strong on-time payment history by tenants

OVERVIEW

Opportunity to own high performing and fully occupied portfolio of rental homes on Cleveland's Westside. Homes are located in Old Brooklyn, West Boulevard, and Bellaire areas. All leases are valid, some tenants are MTM, all tenants have strong on-time payment history. Portoflio can be sold as a whole or in 3 packages (see offering memorandum). Current portfolio yields 9% ROI, while bringing rents up to market rate would yield 11.2% projected ROI. Sellers are retiring.

ASK ABOUT THIS PROPERTY

Richard Abou-JaoudeBerkshire Hathaway HomeServicesMore Info
216-789-1636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Richard Abou-JaoudeBerkshire Hathaway HomeServicesMore Info
216-789-1636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.