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12103 KINSMAN RD CLEVELAND OH 44120-4394
CLEVELAND, OH 44120-4394
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
12103 Kinsman Road, Cleveland, OH 44120 <ul><li>20,000+ square foot building</li><li>6 store fronts + 5 (all 2 Bedroom/1 Bath) apartment units with balconies</li><li>Framing completed in each storefront</li><li>67 city violations remedied to make Compliant</li><li>Some electrical, ductwork and plumbing started</li><li>New windows installed or on property for future installation</li><li>Work done to rebuild upper balconies/overhangs</li><li>Newer flat roof and gable roof section rebuilds</li><li>Two far right storefronts have
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
