25 Unit Turn-Key Multi-Family Package Multi-Family FOR SALE


Cleveland, OH
$2,350,000 USD
440-212-3572
, Cleveland, OH for Sale
$2,350,000 USD
Multi-Family - FOR SALE
1/15
null | 8.48% Cap Rate

25 Unit Turn-Key Multi-Family Package
Cleveland, OH


HIGHLIGHTS

  • Turn-Key Property

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Nick VirovecFischer Asset ManagementMore Info
440-212-3572

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Nick VirovecFischer Asset ManagementMore Info
440-212-3572

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