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Updated almost 9 years ago,

User Stats

8
Posts
2
Votes
Thomas Howard
  • Investor
  • Girard, OH
2
Votes |
8
Posts

How many apartment units for 500k near Cleveland?

Thomas Howard
  • Investor
  • Girard, OH
Posted

Realistically, if I have the 20% down payment to mortgage $500k in apartment buildings in the Cleveland/NEO market, how many units would this buy in a relatively decent neighborhood? I would need it to be turn-key, no reno. I know it's a pretty broad question and there are tons of variables, but in round numbers what have others been able to achieve in or near Cleveland, OH?  Thanks!

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