145 Harvard Ave | Elyria, OH 44035
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- LoopNet Team
145 Harvard Ave
Elyria, OH 44035
100369 . 10 Home SFR Cleveland OH Portfolio · Multifamily Property For Sale
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10 Units
Investment Highlights
- Learn more about portfolio 100369 at SFRhub.com
- The portfolio is currently 8% below market rents offering a growth opportunity
- Cleveland’s average single-family rent in 2019 is $982 and is projected to continue a steady growth through 2022 according to JBREC
- Value add opportunity through raising rents to market rates, improved occupancy, and moderate expense cuts
- Opportunity for investors to purchase a portfolio of homes below the area’s median values, improve and capture the significant upside potential
- 58.2% of Cleveland’s population currently rents & Forbes recently ranked Cleveland as one of the top 15 emerging downtown cities in the country
Property Facts
| No. Units | 10 | Lot Size | 0.89 AC |
| Property Type | Multifamily | Building Size | 11,198 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1925/2007 |
| Building Class | C |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 11,198 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2007 |
Property Taxes
| Parcel Number | 06-25-005-103-012 | Improvements Assessment | $37,741 |
| Land Assessment | $7,791 | Total Assessment | $45,532 |
Property Taxes
Parcel Number
06-25-005-103-012
Land Assessment
$7,791
Improvements Assessment
$37,741
Total Assessment
$45,532
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