Cleveland 22 Unit Portfolio 8.25% Cap

This exceptional 22 investment property package offers an incredible opportunity to capitalize on Cleveland’s resurgence. Nestled in the vibrant Near West Side, this portfolio boasts a diverse mix of well-maintained homes, providing stable income and significant upside potential.

Why Cleveland?
• Affordable Investment: Cleveland offers competitive property values compared to other major cities, making it an attractive market for investors.
• Resurgent City: Cleveland is experiencing a revitalization with a thriving arts scene, world-class museums, and a growing culinary scene.
• Strong Rental Demand: A growing population and job market drive consistent demand for quality rental housing.
• Diverse Property Mix: This package includes a variety of property types to suit your investment strategy.

Key Features:
• 35 Total Units: A substantial portfolio to generate significant rental income.
• Prime Location: Situated in the desirable Near West Side, close to amenities and transportation.
• Well-Maintained Properties: The units are in good condition, minimizing maintenance costs.
• Stable Tenancy: Many long-term tenants ensure reliable cash flow.
• Upside Potential: Opportunities for value-add renovations and increased rental rates.

CAP RATE – 8.25%

Current NOI with anticipated 2024 pay in 2025 property taxes – $236,441.52
Multiple units have extremely low rents, with increased rents, and a management agency, the Cap Rate has a potential of 11.32%.
After Repair Value – $3,854,030
Don’t miss this chance to invest in Cleveland’s exciting future. Contact me today to learn more about this exceptional investment opportunity.
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