15 Unit Turn Key - Lakewood "B+" Neighborhood

[Antonio Biasiotta]

Located in LAKEWOOD, OH - B+ Neighborhood

Who wants a safe and stable TURNKEY 13 unit in one of Cleveland's best suburbs?!?!

Financial Metrics

Cap Rate 9.3%

Cash on Cash Return (Year 1)   13.8%

Internal Rate of Return (Year 10)   21.9%

Lakewood’s Strong Bond Rating Reaffirmed by Moody’s

http://www.onelakewood.com/lakewoods-strong-bond-rating-reaffirmed-by-moodys/

Great investment property located in Lakewood! Brick 13 unit apartment building with five 2 bedroom suites ($750 per suite) and eight 1 bedrooms suites ($650). Fully rented! Each unit has a refrigerator and stove. Boiler installed 2004. Roof tarred 2013. Convenient parking for tenants in the back of the building with 6 garage spaces. On-site coin operated laundry units.  Convenient location close to schools, restaurants, shopping, bus line & I-90! Seller ready to negotiate!!

Contact me for any other questions!

Need financing? We have that covered for you. We have several lenders we can set you up with.

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Holton Wise has a team of investor focused agents ready to build you a rental portfolio.

Contact one of our agents to set up your free tour of the available real estate in the greater Cleveland, Ohio area.

@Antonio Biasiotta

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www.HoltonWisePropertyGroup.com

Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate.

Can work with you in several ways.

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NO ONE SELLS MORE MULTIFAMILY IN CLEVELAND THAN HOLTON-WISE!

400+ Investor Rental Units in the Cleveland area can't be wrong! Come see why investors love Holton-Wise and keep coming back for more passive investments!

Contact me to schedule a tour of the Cleveland area and available property!

*Featured properties may not be listed by the office/agent presenting this brochure*

Antonio Biasiotta, The Holton Wise Property Group

E-Mail: [email protected]

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THIS DEAL TOO BIG? I HAVE A 8 UNIT UNDERPERFORMING IN A B NEIGHBORHOOD - 300K 

WANT BIGGER?!? I HAVE TWO 22 UNITS WITH DOUBLE DIGIT CAP RATES. CONTACT ME FOR MORE INFORMATION