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1930 Noble Rd - Noble Road Apartments 22 Unit Apartment Building Offered at $610,000 East Cleveland, OH 44112
Investment Highlights
- Cash-Flowing Asset Day One - providing immediate in-place income with stabilized cash flow from closing
- Scalable Unit Count – 22-unit asset allows for strong economies of scale
- Value-Add Upside – Opportunity to increase returns through lease-up of remaining vacancy and rent optimization
Executive Summary
CASH FLOWING FROM DAY ONE WITH GREAT UPSIDE POTENTIAL!
22 ONE BEDROOM UNITS WITH 20 UNITS OCCUPIED.
PROPERTY GROSSING OVER $9,000/MO WITH MORE VALUE TO BE ADDED
FEEL FREE TO CALL OR EMAIL ASAP WILL NOT LAST!
22 ONE BEDROOM UNITS WITH 20 UNITS OCCUPIED.
PROPERTY GROSSING OVER $9,000/MO WITH MORE VALUE TO BE ADDED
FEEL FREE TO CALL OR EMAIL ASAP WILL NOT LAST!
Property Facts
| Price | $610,000 | Building Size | 15,746 SF |
| Price Per Unit | $27,727 | Average Occupancy | 90% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 22 | Year Built | 1959 |
| Property Type |
| Price | $610,000 |
| Price Per Unit | $27,727 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | |
| Building Size | 15,746 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1959 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
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1930 Noble Rd - Noble Road Apartments
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