Mixed 9 Unit "B" Neighborhood 179K - 14.1% CAP
Located in Lorain, OH - B Neighborhood
Apartment building 6 units and 3 office units in the suburbs?!?!
Financial Metrics
Cap Rate 14.1% (w/out lowered purchase price)
Cash on Cash Return (Year 1) 29.4%
Internal Rate of Return (Year 10) 35%
---Contact me for additional information---
Great investment property located in Lorain, OH! 6 unit apartment building with six 1-bedroom suites ($405 avg. per unit) and three office units ($400, $400, & $700). Office units have central A/C units. Apts. have wall units. All units have individual heat. No washer/dryer. Three tenants pay for water/sewer. No pets.
Contact me for any other questions!
Need financing? We have that covered for you. We have several lenders we can set you up with.
CLICK HERE TO SEE MORE DEALS
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.
CLICK HERE TO SEE MORE DEALS
www.HoltonWisePropertyGroup.com
Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate.
Can work with you in several ways.
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]
CLICK HERE TO SEE MORE DEALS