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4828 Lorain Avenue
Cleveland, OH 44102
Asking Price
$900K
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Retail | 7,570 SqFt <ul><li>100% occupied mixed-use investment opportunity</li><li>First floor retail under a 5-year lease with liquor license in place</li><li>Units rehab completed in 2022, with new in-suite HVAC units, granite counter tops, tiled bathrooms and new stainless steel appliances</li><li>Mechanical, electrical and plumbing building systems are all new</li><li>Capital improvements include new windows throughout and roof replaced within the past 10 years</li><li>Shared laundry facilities in lower l
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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493
