Property Overview
Location: Euclid, OH
Total Units: 68 Condos
Asset Type: Multifamily Residential (Townhouse Style, Building Class C)
Building Size: 68,640 SF
Lot Size: 1.74 AC
Sale Conditions: Bulk/Portfolio Sale
Investment Highlights
High-Yield Opportunity: With an 11.42% cap rate and an NOI of $265,017.73, this property offers an exceptional return on investment.
Strategic Location: Situated in Euclid, OH, the property is in a market poised for growth.
Asset Quality: The property is in excellent condition, minimizing any immediate capital expenditure requirements fully renovated in 2022.
Growth Potential: The current economic trends in the area indicate significant upside potential for rent increases.
Portfolio Diversification: This investment could serve as a valuable addition to your current holdings, offering portfolio diversification benefits.