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Updated over 8 years ago,
Mixed 9 Unit "B" Neighborhood 179K - 14.1% CAP
Located in Lorain, OH - B Neighborhood
Apartment building 6 units and 3 office units in the suburbs?!?!
Financial Metrics
Cap Rate 14.1% (w/out lowered purchase price)
Cash on Cash Return (Year 1) 29.4%
Internal Rate of Return (Year 10) 35%
---Contact me for additional information---
Great investment property located in Lorain, OH! 6 unit apartment building with six 1-bedroom suites ($405 avg. per unit) and three office units ($400, $400, & $700). Office units have central A/C units. Apts. have wall units. All units have individual heat. No washer/dryer. Three tenants pay for water/sewer. No pets.
Contact me for any other questions!
Need financing? We have that covered for you. We have several lenders we can set you up with.
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Holton Wise has a team of investor focused agents ready to build you a rental portfolio.
Contact one of our agents to set up your free tour of the available real estate in the greater Cleveland, Ohio area.
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www.HoltonWisePropertyGroup.com
Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate.
Can work with you in several ways.
NO ONE SELLS MORE MULTIFAMILY IN CLEVELAND THAN HOLTON-WISE!
400+ Investor Rental Units in the Cleveland area can't be wrong! Come see why investors love Holton-Wise and keep coming back for more passive investments!
Contact me to schedule a tour of the Cleveland area and available property!
*Featured properties may not be listed by the office/agent presenting this brochure*
Antonio Biasiotta, The Holton Wise Property Group
E-Mail: [email protected]
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