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Apartments For Sale • 96,252 SF
| Excellent Value Add Opportunity / Priced to Sell / Out of State Owner |
| 97% Occupied / Three Bedroom, One and Half Bathroom Units |
| Tenant Paid Utilities / Historically Strong Occupancy / Excellent Investment |
| Projected Cap Rate at 100% Occupancy with units rented at market rents is 10.20%. |
| 2024’s Net Operating Income was $141,391 or a 6.73% cap rate |
| Can transfer with a live-in, onsite manager (managed property for 10+ years) for easy maintenance and transition |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Cleveland-Hopkins International | 22 min | - | 18.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
