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Pearl Road Portfolio
Cleveland, OH Old Brooklyn

$570,000 USD

Portfolio For Sale  •  7,968 SF

2 Properties View all

Property Details

  • Property Type Unknown
30 Transit Score
60 Walk Score

Highlights

8.06% current cap rate — rising to 10.01% at pro forma market rents
$11,160/year in additional NOI available from rent mark-to-market alone — no capital required
Both properties fully renovated — roof, plumbing, electrical, HVAC, kitchens, and baths
All 4 units occupied — immediate cash flow from day one, zero lease-up risk
Professional property management company in place — turnkey acquisition
Both properties are LEAD certified

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
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)) 18 min - 7.1 mi
15 min - 7.2 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 18 min - 8.5 mi
Kas Filippova 216-374-3689 eXp Commercial
Kas Filippova 216-374-3689 eXp Commercial