4289 E 167th St | Cleveland, OH 44128
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4289 E 167th St
Cleveland, OH 44128
DYNES VILLAGE TOWNHOUSES · Multifamily Property For Sale
·
42 Units
Investment Highlights
- Excellent Value Add Opportunity / Priced to Sell / Out of State Owner
- Tenant Paid Utilities / Historically Strong Occupancy / Excellent Investment
- Projected Cap Rate at 100% Occupancy with units rented at market rents is 13.75%.
- 98% Occupied / Three Bedroom, One and half Bathroom Units
- 2019’s Net Operating Income was $172,219 or a 10.44% cap rate
Property Facts
| No. Units | 42 | Building Size | 50,752 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 3.37 AC | ||
| Zoning | MF-1 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.37 AC |
| Building Size | 50,752 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | MF-1 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
- Dining Room
- Porch
Site Amenities
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 42 | $775.00 | 1,200 |
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