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Updated over 7 years ago on . Most recent reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,653
Votes |
28,576
Posts

Increase your profits with this housing MONOPOLY in Cleveland.

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted
FOR SALE

4655 Ridge
Brooklyn, Ohio 44144

$479,900

HIGHLIGHTS:
  • 15 units
  • 12 one bedroom units
  • 3 two bedroom units
  • Tons of room to increase rents
  • 93% occupied
  • One central boiler for heat. Owner pays heat
  • Owner pays water & sewer
  • Tenants pay electric
  • Two sets of washers and dryers
  • Annual property taxes $9,564
  • In the heart of a Holton-Wise neighborhood monopoly. Holton-Wise has been targeting this area and taking over almost every building on the street. Since that time Holton-Wise has been increasing market rents. When Holton-Wise started targeting the area 1 bedroom apartments rented for $475. Today those same 1 bedroom apartments rent for $585. Holton-Wise expects that amount to keep going up as A RISING TIDE LIFTS ALL BOATS
  • Possible Tax Depreciation savings est. $13k/year
  • Full video tour available below
CURRENT MONTHLY INCOME

1 bedroom apartments
  • $500 (can increase to $599)
  • $450 (can increase to $599)
  • $525 (can increase to $599)
  • $440 (can increase to $599)
  • $425 (can increase to $599)
  • $450 (can increase to $599)
  • $405 (can increase to $599)
  • $440 (can increase to $599)
  • $430 (can increase to $599)
  • $500 (can increase to $599)
  • $520 (can increase to $599)
  • $500 (can increase to $599)
2 bedroom apartments
  • $550 (can increase to $650)
  • $550 (can increase to $650)
  • $550 (can increase to $650)
CLICK HERE TO SEE A VIDEO TOUR
CLICK HERE FOR MORE INFORMATION
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HoltonWise.com
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CLICK HERE IF YOU WOULD LIKE YOUR PROPERTY TO BE SOLD ON ONE OF THESE EMAILS
OVER $50 MILLION SOLD
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Copyright © 2016 The Holton-Wise Property Group, All rights reserved.
The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Holton-Wise Property Group
4207 Brookpark Rd. Parma, Ohio. 44134.
216-661-6633

Your #1 source for Real Estate Sales, Property Management, Maintenance, Insurance, Turnkey Sales & General Real Estate Investing services in Cleveland Ohio, Parma Ohio, Garfield Heights Ohio, Euclid Ohio, South Euclid Ohio, Brooklyn Ohio, Brookpark Ohio, Strongsville Ohio, North Royalton Ohio, Lakewood Ohio & many other suburbs in North East Ohio.

Holton-Wise is the boots on the ground team with strong roots & local ties to the community.

______________________

If you think you have seen it all. You probably haven't. This business is not always hugs and kisses. Sometimes landlords end up in INSANE situations. If you are going to invest halfway across the country or the world do you want to leave your investment in the hands of a team who is not equipped to deal with any and every possible situation? You need boots on the ground that have been there, done that.

Here is a small sample of things Holton-Wise has encountered....You won't find these situations in any "how to" book on Real Estate Investing.

Tenant throws couch out of 3rd story window.

______________________

Part Time Agents

Just want access to the CLICK HERE FOR ACCESS TO ALL OF OUR DEAL$

Who has done more Cleveland, Ohio deals with Bigger Pockets members than anyone else?

The Holton-Wise Property Group

We have the experience, infrastructure and market presence that you need.

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CLICK HERE FOR ACCESS TO ALL OF OUR DEAL$

CLICK HERE FOR ACCESS TO ALL OF OUR DEAL$

CLICK HERE FOR ACCESS TO ALL OF OUR DEAL$

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