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1875 Forest Hills Blvd 41 Unit Apartment Building $1,500,000 ($36,585/Unit) Cleveland, OH 44112
INVESTMENT HIGHLIGHTS
- $1,500,000 41 unit building ($36,000 a unit)
- Strong rental area very solid building
EXECUTIVE SUMMARY
41 Unit Apartment Building$1,499,000 ($36,585/Unit) East Cleveland, OH 44112
Solid building vacant big rehab but has good bones needs we assume about $900,000 to $1,000,000 depending on finishes but when finished will be quite a cash cow.
Cap rate well over 11% if purchase and rehab are under $3,500,000 as all units should rent for more than $1,000/month
Solid building vacant big rehab but has good bones needs we assume about $900,000 to $1,000,000 depending on finishes but when finished will be quite a cash cow.
Cap rate well over 11% if purchase and rehab are under $3,500,000 as all units should rent for more than $1,000/month
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 672-21-003 | Improvements Assessment | $275,345 |
| Land Assessment | $43,120 | Total Assessment | $318,465 |
PROPERTY TAXES
Parcel Number
672-21-003
Land Assessment
$43,120
Improvements Assessment
$275,345
Total Assessment
$318,465
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Kevin Klein
1875 Forest Hills Blvd
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