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PORTFOLIO SALE ? 11 single-family rentals across Cleveland and the inner-ring suburbs, offered as one transaction at $1,125,000 ($102K/door). Currently producing $135,216 in annual gross rent (10 of 11 units occupied) with significant proforma upside as below-market rents roll. The portfolio includes: 1236 E 173rd St, 1115 Villaview Rd, and 18324 Landseer Rd (44119); 16010 S Lotus Dr (44128); 4898 E 95th St, 4838 Rockwood Rd, and 10014 Parkview Ave (44125); 14202 Rexwood Ave and 4265 E 126th St (44105); 3497 Boynton Rd and 3281 Berkeley Rd (Cleveland Heights). Unit mix ranges from 2/1 to 4/3 configurations. The value-add story is straightforward:...read more
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Source: US Census Bureau
Listed By
Agency Name: Key Realty
Agency Contact: mjorlando1994@gmail.com, 216-956-1884
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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