Price $
Home > Cleveland real estate for sale > Cleveland miscellaneous

Posted: Tuesday, January 30, 2018 6:53 PM

Collect $7,625/month OR MORE on this
12 units Apartment Complex
In Lorain, OH
*****Great Investment Property*****
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
Now you can own 12 income-producing units through one property purchase!

This multifamily property offers multiple money-generating strategies:
All 12 units has great full view of the Lake, Great Investment Opportunity!
 85% Occupancy
 Cap Rate on Actuals: 11%
 Roof and Windows are installed few years ago
 Value play: Add coin laundry machines for additional income. Separate laundry room available
 28 min drive to Cleveland Hopkins International Airport
 26 min drive to Cleveland State University
 $45,335 Actual NOI
 Value play: Rent Increase!
 Major Employers: Mercy Health, Republic Steel, Camaco Inc, Lorain Tubular, Emerson Network Power and many more..
 Individually metered – residents pay for electricity
 No Seller Financing
 Purchase Price $375,000

For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 440-214-7803 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 440-214-7803 and speak ONLY your name & email – a packet will be emailed within 10 minutes

• Location: Cleveland, Lorain, OH

• Post ID: 57739457 cleveland is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018