Turn-Key CLE proudly presents an exciting investment
opportunity: the acquisition of 10 multi-family properties (25 Units) currently
rented out in Ohio. This portfolio features all recently rehabilitated properties.
Standards for the homes in terms of capital improvements, beyond typical interior turns of kitchen, bathroom(s), paint, flooring, etc.:
• Roofs – Minimum 15 years of useful life remaining (or it gets replaced)
• Hot Water Tanks – Less than 10 years old (or it gets replaced)
• Furnaces – Less than 10 years old (or it gets replaced)
• Electric Panels – updated in compliance with current code
• Windows – Vinyl replacements where necessary
• Exterior paint and siding repairs where needed
Owner is willing to sell the entire portfolio, a portion of it "à la carte," or even one-offs, if it makes sense.
All properties are currently professionally managed. Management company has 75+ years combined experience and currently manages over 425 properties in the area.