Cleveland Multi Family: Reforma Deal
A 5-bedroom multi family in Cleveland — modelled at 24% net.
The Property
This fantastic three apartment multi family home is located on a nice street in Corlett and is just half a mile and one minute from John Adams College, one of the leading schools in Cleveland. The property is divided into three large apartments. You have a large two bedroom apartment on the 1 and 2 Floor plus an additional 1 bedroom attic apartment. All 3 apartments will be renovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard. When complete the management company will place brand new vetted tenants. The 2 bed apartments should achieve $1,000 - $1,250 in rent each month and the 1 bed $800 - $1,000 in rent each month with Section 8 housing.
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
- Reforma meets Section 8 standards