Apartments For Sale • 10,985 SF
10-UNIT PORTFOLIO OF APARTMENTS IN THE FAMOUS CLARK-FULTON NEIGHBORHOOD OF CLEVELAND, OH. |
9.4% CAP RATE IN 2024 (IN-PLACE)! 11.4% CAP RATE IN 2025! 13% CAP RATE IN 2026! 14% CAP RATE BY 2027! |
100% OCCUPIED! LONG-TERM TENANTS ON SHORT TERM LEASES WITH SIGNIFICANTLY BELOW MAKRET AVERAGE RENTAL RATES! |
SELLER FINANCING AVAILABLE! MASSIVE UPSIDE FOR A BUYER TO INSTANTLY RAISE RENTS AND OBTIAN A 10.2%+ CAP RATE! |
RECENT IMPROVEMENTS INCLUDE UPDATED ROOFING, ELECTRICAL UPGRADES, NEW BATHROOMS, NEW HVAC UNITS, AND MUCH MORE! |
RARE OPPORTUNITY TO OWN AN AMAZING VALUE ADD PROPERTY IN THE FAMOUS CLARKF ULTON NEIGHBORHOOD OF CLEVELAND OHIO! |