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Archived 5 months ago

$135,000

1 bd 2 ba 2071 sqft

1451 E193rd St, Euclid, OH 44117

Residential SFR

Current Rent **

N/A

Projected Rent **

$2,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Fitness Center for Sale

Free standing Commercial building, selling as a turnkey fitness center. Located across the street from largest senior citizen community center ;Indian Hill Area in Euclid OH. This would be a great Silver Sneakers opportunity. At list price the sale includes the land, building and equipment. Building includes a large open area currently used for fitness classes, it also includes an administrative area, (2) public restrooms and loading area in back of building. Seller open to negotiation of building and land only at a reduced price. Typical retail rent per sq ft in Euclid 16.00

Location:

1451 E193rd St, Euclid, OH 44117

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.