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Updated almost 8 years ago,

User Stats

28,044
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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,103
Votes |
28,044
Posts

Today's DAILY DEAL has OWNER FINANCING. JOIN THE LIST TODAY!!!!!!

James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted
FOR SALE

9 unit
12000 Marguerite Ave.
Garfield Heights, Ohio 44125
$425,000

Have you been looking for a SELLER FINANCED deal? Here it is!

Seller is looking for roughly 40% down. Amortization and term length are negotiable. Foreign investors welcome. Seller has no problem financing those who live outside of the U.S.

HIGHLIGHTS
  • Asking price $425,000
  • 9 units
  • 3-three bedroom units
  • 4-two bedroom units
  • 2-one bedroom units
  • Square feet 12,253
  • 6.6% cap rate (using bank financing)
  • Higher cap rate using seller financing option
  • Roof is 7 years old
  • Owner owns all appliances except unit 5 refrigerator
  • Windows (Alside) 3 years old
  • Hot water tank 4 years
  • Motion sensing lights 1 year old
  • Furnaces in units 5 years
  • Electrical panels in all unts are updated
  • Gas lines to the building replaced 2 years ago
  • Water shutoff updated
  • Leaf guard gutters 4 inch plastic 2 years old
  • Leases are month to month

Possible Tax Depreciation savings est. $15k/year
FOR MORE INFORMATION CONTACT
Nick Varner
Commercial Realtor
952-221-6369
[email protected]
CLICK HERE FOR MORE INFORMATION
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Copyright © 2016 The Holton-Wise Property Group, All rights reserved.
The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Holton-Wise Property Group
4207 Brookpark Rd. Parma, Ohio. 44134.
216-661-6633

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