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Milwaukee REIA -- Real Estate Investor Association Message Board › FSBO 23 Units Cleveland OH

FSBO 23 Units Cleveland OH

Christina A.
user 14429490
Cleveland, OH
Post #: 5
23-unit building on 14060 Superior Road, Cleveland for the purchase price of $375,000. While it requires likely $150k-$200k in rehab, it has HUGE UPSIDE. Assuming tenants pay their own gas & electric, with a vacancy factor of 10%, the building is projected to gross $11,500 a month or $138,000 a year! At a projected $6,000 net per month or $72k a year, it is at a healthy 13 CAP! I am direct to the seller and he is looking for all CASH buyers only. If you would like further details or are interested in speaking with the seller directly please contact me 206-376-0524 or email by April 15th.

All the best to everyone,
Christina
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