1236 East 173rd Street

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1236 East 173rd Street

Cleveland, OH 44119
Asking Price
$1.13M
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

<ul><li>​10/11 properties currently occupied allowing a buying to walk into a stabilized portfolio!</li><li>​Huge upside on NOI with minimal effort!</li><li>​SIGNIFICANT upside on rents as most rents are well under market!</li><li>​Multiple units rented to CMHA tenants, allowing a buyer to implement rent increases and have guaranteed income!</li><li>​Opportunity to acquire at a per door basis under true value!</li></ul>

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NOI
$80,000
Cap Rate
7.11%
DSCR
1.20
Tight
Cash-on-Cash
3.91%
Monthly Payment
$5,565.886
Annual Cash Flow
$13,209.366

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