1281 East 38th Street

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1281 East 38th Street

Cleveland, OH 44114
Asking Price
$295K
Asset Type
Industrial
Class
Class B

What's Special

Historic Brick & Beam Property for Redevelopment <ul><li>​<span style="color: rgba(84, 84, 84, 1)">Approximately 90,000 SF situated on approximately 1.45 Acres</span></li><li>​<span style="color: rgba(84, 84, 84, 1)">Historic Brick & Beam Property for Redevelopment</span></li><li>​<span style="color: rgba(84, 84, 84, 1)">Listing Price for Sale: $295,000</span></li><li>​<span style="color: rgba(84, 84, 84, 1)">Listing Price for Lease: $3.95/SF/Year Net</span></li><li>​<span style="color: rgba(84, 84, 84, 1)">Cleveland Skyline and Lake Views</sp

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

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