I am pleased to announce the launch of Northcoast Turnkey. We are a subsidiary of a local investment firm which owns and operates over 900 single family and multifamily units in Cleveland, Columbus and other sub-markets throughout Ohio.
Our turnkey homes have been rehabbed top to bottom and are occupied with a stable tenant base (no Section-8) paying top dollar to live in these beautiful homes. What’s more, we’re offering SELLER FINANCING with as little as 15% down for domestic investors and 35-50% down for INTERNATIONAL investors.
We have a current inventory of over 80 homes that have been rehabbed and stabilized. We’re opening our doors to NO MORE THAN 25 INVESTORS who will have access to our properties, seller financing and future deals (including 25+ unit apartments, our specialty). Most importantly, we want you to succeed – our interests are aligned from day one.
Message me via bigger pockets or email me at [email protected] for further details and our current inventory of homes. I can also be reached by phone at 440-840-3239.
Typical Financials
- 18-30% Cash on Cash Potential
- $200-450/mo Cash Flow
Property Management – We Are Your Partner!
- Our property management division oversees 900 units in Cleveland and Columbus Ohio.
- Our staff of nine, including an asset manager, several property managers and service technicians are your BOOTS ON THE GROUND.
- The team is ready to handle all showings, lease-ups and any maintenance requests.
- We are your partner – we want you to succeed and are here to make sure that’s a reality.
Our Rehab Process
- Our team of contractors and interior designers have already done the heavy lifting, meaning no late-night phone calls!
- Each of our homes have been completely updated with new PLUMBING and ELECTRICAL. Many include new roofs and windows.
- Our homes have beautifully tiled bathrooms, new cabinets, new appliances and granite countertops.
- Why so nice? Quality properties attract quality tenants, limits turnover and MAXIMIZES PROFITS.
Our Markets – B/C Areas with A+ Tenants
- Our homes are located in stable, working class suburbs of Cleveland.
- While the markets themselves are B/C, our strict placement policies ensure that the tenants are always A+!
Financing
- Seller Financing available with 15% down payment for U.S. residents and 35-50% down payment for foreign investors.
- Interest rates are competitive.
- Want a standard mortgage? We can put you in contact with our preferred lender.
- Want to buy 3+ properties at once? We can put you in contact with a commercial lender that will provide a blanket loan in your LLCs name. Personal guarantee required.
Visit Us!
- We’d love to show you around our burgeoning city. In fact, we’ll reimburse your plane ticket if you buy one of our properties!
- We’re also planning a late summer event, filled with local sports games, good food, a sampling of our craft beer scene and of course, a tour of our properties.
Perfect for investors in Los Angeles, California, Canada, Europe, China, South Korea, London, Texas and other local Ohio guys!
