18 CAP Multifamily in East Cleveland, Ohio
I just had my offer accepted on a great 39 unit off-market multifamily property in East Cleveland. Selling price will be $320,000 for this property which is ~50% occupied, and total rehab cost should be around $100K to get all units back online. Property management, rehab crew, and project management is all lined up and ready to go. Property inspection is May 8, with the report due by May 10.
I need a cash investor(s) who is looking for a great cash-flow opportunity.
Drop me an email or PM if you'd like more info. This property will go fast.
Also check out my latest Blog entry on East Cleveland