Cleveland West Side Mixed Use Building
Investment Info:
Other buy & hold investment in Cleveland.
Purchase price: $123,000
Cash invested: $30,000
This is a mixed use property consisting of two storefronts, four apartments and one freestanding garage. We purchased and renovated it during Covid. It took longer and cost more than expected (shocker) but now that it is stabilized, it is cashflowing nicely.
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Contractor
- Cobblestone Construction, LLC.
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Quote from @Christopher Spear:
Investment Info:
Other buy & hold investment in Cleveland.
Purchase price: $123,000
Cash invested: $30,000
This is a mixed use property consisting of two storefronts, four apartments and one freestanding garage. We purchased and renovated it during Covid. It took longer and cost more than expected (shocker) but now that it is stabilized, it is cashflowing nicely.
You keep the stores as retail space or did you convert to apartments?