14174 Superior Road, Cleveland Heights, OH
Others for Sale - $2,000,000
Agent Info
Morgan McClain Coldwell Banker Schmidt Realty |
Property Info
CIMLS# | 1157049 |
Location 14174 Superior Road Cleveland Heights OH 44118 | |
Updated | March 30th, 2024 |
Type | Others |
Price | $2,000,000 |
Property Description
INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.