Value add situation needs a roof, brick work and all around tlc, we assume less than 200k to bring back to a cash-flowing and expertly maintained apartment comprising 12-units in the high-demand Cleveland market. The brick building was originally constructed in 1961 and had historically maintained a high level of occupancy. The building currently has no cash flow and needs TLC. The Cliffview Apartments sit in a prime location just off Highway 20, the main commercial corridor of the region that attracts tenants to the property with convenient shopping and dining options. Popular local restaurants within five minutes of the community include the Gourmet Deli, Angela Mia Pizza, Mirabile’s, Flamin’ Kitchen, and many more. Sitting just 20 minutes from Downtown Cleveland, tenants of the Cliffview Apartments can also enjoy easy access to the quality urban amenities of a big city. The Cliffview Apartments are supported by a growing population of more than 265,000 within five miles of the property. With almost half of these residents renting their homes, consumer spending on household segments surpassed $456 million in 2024. This provides a new owner with a valuable pipeline of new potential residents.