Cleveland Multi Family: Yenileme Deal
A 5-bedroom multi family in Cleveland — modelled at 20% net.
The Property
This large multi-family home is very well located in Cudell on the Westside of Cleveland. The house is just a short walk to The Amazon Hub @ 10801 Madison Avenue. The property is divided into two large apartments. You have a large two bedroom apartment downstairs and a large three bedroom apartment upstairs. Both apartments will be renovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard, The works will begin when the new owner closes on the property. When complete the management company will then place brand new vetted tenants. The 2 bed apartment should achieve $1,000 - $1,250 in rent each month and the 3 bed $1,250 - $1,630 each month based on current Section 8 housing 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
- Yenileme meets Section 8 standards