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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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26,412
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Close to NNN on this Passive Commercial Investment; 689 S Green

James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted Mar 26 2018, 08:39
FOR SALE
689 S GreenS. Euclid, Ohio.$174,900
Video tour along with financial analysis from Holton-Wise Co-Founder James Wise below. MUST WATCH!
Cash in on Amazon's move to Cleveland with this Commercial Real Estate Investment; 689 S Greeen
HIGHLIGHTS:
  • Passive Investment
  • Commercial Tenant
  • Building is currently leased by Green Rd Auto Body
  • Total monthly rent is $1,500
  • Tenant pays for ALL UTILITIES
  • Tenant handles interior repairs
  • Building built in 2000
  • The furnace, roof & h20 tank have all been replaced in the last 10 years
  • Owner only has to maintain major building systems like the roof & hvac
  • Annual property taxes are $5,804
  • No owner financing
  • High traffic corner
  • Area should economically benefit greatly due to Amazon coming to town
  • Check out the article below for more info on Amazon "Amazon's plan to bring 3,000 jobs to the area with two new fulfillment centers is a boon for the Greater Cleveland area."
CLICK HERE TO MAKE AN OFFER, GET MORE INFORMATION, OR TALK WITH JAMES WISE ABOUT THIS OFFERING
CLICK HERE IF YOU WOULD LIKE HOLTON-WISE TO SELL YOUR PROPERTY IN AN EMAIL JUST LIKE THIS ONE
OVER $100 MILLION SOLD
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When you are looking into purchasing rental real estate you probably have many questions about the policies & procedures of Holton-Wise as well as the industry in general. At Holton-Wise we believe in complete transparency throughout the entire investment process.Please take a look at the video below. Holton-Wise includes an informational &/or educational video in every property offering. These videos are a MUST WATCH for both new & seasoned investors. #RealEstateInvestingMadeEasy
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Copyright © 2018 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.

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Serving the entire Greater Cleveland, Ohio area.

Have you heard of Holton-Wise? If not, check out what we are up to 👇👇👇

2017 A YEAR IN REVIEW:

Holton-Wise has had another strong year of growth in 2017. We saw strong gains in all 3 of our major business functions (Sales, Property Management & General Contracting). Below is a breakdown of our growth since we began assisting Homeowners, Tenants, Sellers & Anyone else interested in Real Estate in the Cleveland market 5 years ago.

SALES:

  • 2017 Closed Sales $48,717,029 (438 Closed Transactions)
  • 2016 Closed Sales $33,046,506 (343 Closed Transactions)
  • 2015 Closed Sales $7,500,539 (119 Closed Transactions)
  • 2014 Closed Sales $2,261,161 (47 Closed Transactions)
  • 2013 Closed Sales $241,700 (6 Closed Transactions)

PROPERTY MANAGEMENT:

  • 2017 Collected Rent $3,459,624.90
  • 2016 Collected Rent $2,291,445.84
  • 2015 Collected Rent $946,324.01
  • 2014 Collected Rent $163,491.53
  • 2013 Collected Rent $17,910.00

GENERAL CONTRACTING:

  • 2017 Construction Sales $1,925,765
  • 2016 Construction Sales $1,403,949.66
  • 2015 Construction Sales $531,175
  • 2014 Construction Sales $150,969.06
  • 2013 Construction Sales $23,933.20

TOTAL BUSINESS:

  • 2017 Total Business $54,102,418.90
  • 2016 Total Business $36,741,901.50
  • 2015 Total Business $8,978,038
  • 2014 Total Business $2,859,164.70
  • 2013 Total Business $283,543.20


AFFILIATED BUSINESSES:

  • FARMERS HOAG INSURANCE AGENCY
  • 2017 Gross Commission $50,160.20 (814 Active Polices)

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