Cleveland Multi Family: Renovierung Deal
A 5-bedroom multi family in Cleveland — modelled at 21% net.
The Property
This fantastic two apartment multi family home is located on a nice street in Glenville just 4.5 miles from Downtown Cleveland. Glenville is close to the great lake, borderline lake properties offer lots of potential for future growth. The property is divided into two large apartments. You have a large two bedroom apartment downstairs and a large three bedroom apartment upstairs. The property will be renovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard. The works will begin after the new owner closes on the property, when complete the management company will place brand new vetted tenants. The 2 bed should achieve $1,000 * $1,250 in rent each month and the 3 bed $1,200 - $1,559 in rent each Month based on current Section 8 rates for this zip code.
Details
Features
- 20+% NET ROI
- High rental demand zip code
- Ideal for portfolio growth
- In a fast-appreciating neighborhood
- Legal and tax support available
- Managed by local professional team
- No hidden costs & all fees disclosed
- Renovierung meets Section 8 standards