Cleveland 25 Property Portfolio FOR SALE


Cleveland, OH - North Broadway
$1,700,000 USD
216-212-9219
, Cleveland, OH for Sale
$1,700,000 USD
FOR SALE
1/1
null | 8.35% Cap Rate

Cleveland 25 Property Portfolio
Cleveland, OH
North Broadway


HIGHLIGHTS

  • 87% Occupied. $23k/mo potential gross income
  • 20%+ Upside in the rents
  • Professional property management in place
  • Assumable Debt

OVERVIEW

25 Property Portfolio available on Cleveland’s near-east side currently at 87% occupancy. 19 Single Family Homes, 3 Duplexes, 1 Triplex for a total of 30 units. $23,199/month gross rents at full occupancy. Most of the rents are subsidized and significantly below the 2024 HUD fair market rents presenting an excellent opportunity to increase the income. Professional property management in place to handle maintenance, annual inspections, etc. This portfolio will perform from day one and has virtually unlimited upside. Reach out today for more info.

ASK ABOUT THIS PROPERTY

Anthony AvilesHomeSmart Real Estate MomentumMore Info
216-212-9219

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Anthony AvilesHomeSmart Real Estate MomentumMore Info
216-212-9219

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