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995 E 143rd St 4 Unit Apartment Building $215,000 ($53,750/Unit) Cleveland, OH 44110
Investment Highlights
- Ability to increase value through improved operations, occupancy and rents, subject to property condition and market
- Potential fit for a buy, stabilize, refinance and hold strategy
- Cleveland location with access to employment, retail and major transportation routes
Executive Summary
Excellent opportunity for both end-user investors and refinance-focused buyers seeking a manageable multifamily asset in Cleveland.
The property consists of 4 residential units across approximately 6,444 SF of gross building area. Its four-unit configuration offers flexibility for investors looking to operate the property for cash flow, improve performance over time, or execute a refinance strategy after stabilization.
The property consists of 4 residential units across approximately 6,444 SF of gross building area. Its four-unit configuration offers flexibility for investors looking to operate the property for cash flow, improve performance over time, or execute a refinance strategy after stabilization.
Property Facts
| Price | $215,000 | Building Class | C |
| Price Per Unit | $53,750 | Building Size | 6,444 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment |
| Price | $215,000 |
| Price Per Unit | $53,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 6,444 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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995 E 143rd St