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Updated 4 months ago, 07/26/2024

User Stats

653
Posts
768
Votes
Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
768
Votes |
653
Posts

Looking for a portfolio buyer in Cleveland, Ohio

Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
Posted

I'm looking to sell a portfolio of 11 cash flowing units in Cleveland, all near the 44119 area code. It consists of 5 duplexes and a single house. 

To get this out of the way, owner financing will not be considered. This is a cash out deal to put money into other investments.

The portfolio is consists of properties owned separately between myself and a business partner. I'm still getting the details together, but high level numbers are going to look something like this:

Duplexes between $140k-$170k

Single Family Home: $50k-65k

All up we're looking at somewhere in the range of $750k-$900k. 

Rents are between $750-925/unit and have not been raised to market rate. 

My goal here is to see if there is a portfolio buyer out there who's serious and interested in talking prior to listing the properties more formally. I'm not really interested in selling these individually at the moment.

If you're able to do a clean deal and save us the hassle of listings and commissions, let's talk! 

I'm also open to chatting with realtors who have portfolio buyers or those with experience listing residential property portfolios.

Cheers,

Ryan

Offering
Cleveland, Ohio

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