For Sale
$3,500,000
1599 116Th St Cleveland, OH 44102
High-Yield, Turnkey Rental Portfolio
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $3,500,000 asking price for a stabilized multifamily investment.
- 20-unit portfolio of single-family rental homes in Cleveland, Ohio.
- 7.80% cap rate.
- Class C properties.
- Portfolio is 95% occupied.
- All properties recently renovated with major systems updated (roofs, water heaters, furnaces, electrical panels, windows, and exterior).
Property Details for 1599 116Th St
- Property type
- Residential income homes
- Class
- C
- Units
- 20
Location Insight
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.477882
- Longitude
- -81.7672588
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - High-Yield, Turnkey Rental Portfolio
- Where is the residential income home located?
- The property is located at 1599 116Th St Cleveland, OH.
- What is the asking price?
- The asking price for this property is $3,500,000.
- What are key features of this property?
- This property features: $3,500,000 asking price for a stabilized multifamily investment.; 20-unit portfolio of single-family rental homes in Cleveland, Ohio.; 7.80% cap rate.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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