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24525 Sherborne Rd 1,300 SF Specialty Building Offered at $500,000 at a 12% Cap Rate in Bedford Heights, OH 44146
EXECUTIVE SUMMARY
Multiple, performing family home assets in Bedford Heights, Maple Heights, Warrensville Heights, Garfield Heights, Euclid, and Shaker Heights. All recently renovated, code compliant and tenanted. Properties shown for illustrative purposes - actual portfolio may include some, all or none of those illustrated.
Numerous properties are available. Inquire for photos and financial info. All of our assets have recently undergone an extensive refurbishment and renovation.
We are a distressed SFR developer and has numerous assets for sale - all of which are currently managed by a local property management company and is available to continue as the property manager for Buyers.
Cleveland and Akron suburbs and neighborhoods which are most beneficial to solid cap rates, reasonable appreciation, and long-term tenancies.
Numerous properties are available. Inquire for photos and financial info. All of our assets have recently undergone an extensive refurbishment and renovation.
We are a distressed SFR developer and has numerous assets for sale - all of which are currently managed by a local property management company and is available to continue as the property manager for Buyers.
Cleveland and Akron suburbs and neighborhoods which are most beneficial to solid cap rates, reasonable appreciation, and long-term tenancies.
FINANCIAL SUMMARY (ACTUAL - 2017) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$60,000
|
$46.15
|
FINANCIAL SUMMARY (ACTUAL - 2017)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $46.15 |
PROPERTY FACTS
| Price | $500,000 | Building Class | C |
| Price Per SF | $384.62 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 1,300 SF |
| Cap Rate | 12% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1959 |
| Property Subtype | Residential Income | ||
| Zoning | R-1 | ||
| Price | $500,000 |
| Price Per SF | $384.62 |
| Sale Type | Investment |
| Cap Rate | 12% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 1,300 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Zoning | R-1 |
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24525 Sherborne Rd
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