Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 28 days ago on .

Deal Overview – Eaglecrest | 38-Unit Multifamily
Investment Info:
Large multi-family (5+ units) commercial investment investment in Richland.
Purchase price: $1,828,000
Cash invested: $700,000
Eaglecrest is a 38-unit building in Bedford, OH, purchased in Oct 2023. It was a stabilized deal with strong cash flow and light value-add potential. We improved operations, updated units as they turned, and tightened expenses. Located in a steady rental market with long-term upside, the property now appraises at $3.1M and continues to perform well in our Cleveland portfolio.

- Thomas Lorini

Thomas Lorini at eXp Realty of California
39 Reviews
5.0 stars