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3355 W 43rd St
Cleveland, OH 44109 Clark-Fulton

$900,000 USD

Apartments For Sale • 10,985 SF

Property Details

Property Type Apartments
Total Building Size 10,985 SF
Lot Size 0.1 AC
Building Class C
Year Built 1987
Zoning LR

38 Transit Score

68 Walk Score

                
                    Highlights
                
                                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!

Property Flyers

SELLER FINANCING! (9.4% CAP RATE) THE FULTON APARTMENTS FOR SALE!

Amenities

24 Hour Access
Air Conditioning
Cable Ready
Dishwasher
Disposal
Fenced Lot
Microwave
Storage Space
Heating
Grill
Wheelchair Accessible
Smoke Free
Trash Pickup - Curbside
Vintage Building
Wi-Fi
Ceiling Fans
Eat-in Kitchen
Kitchen
Granite Countertops
Hardwood Floors
Vaulted Ceiling
Refrigerator
Oven
Tub/Shower
Views
Carpet
Yard
Garden
Island Kitchen
Lawn
Vinyl Flooring
Public Transportation
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	12 min	-	4.9 mi
Rockside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad)	18 min	-	9.4 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	18 min	-	10.1 mi

David Rosenthal 813-245-7333 Grimaldi Commercial Realty Corp.

3355 W 43rd St Cleveland, OH 44109 Clark-Fulton