East 90th & 93rd Street

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East 90th & 93rd Street

Cleveland, OH 44106
Asking Price
$1.00M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 1.02 acres <ul><li>​<span style="font-size: 13px">1.02 acre development site adjacent to Cleveland Clinic - </span>Rare land assemblage immediately next to the Cleveland Clinic main campus in one of the strongest employment hubs in Northeast Ohio.</li><li>​<span style="font-size: 13px">Vertical Development Opportunity – Site is currently </span>approved for a 36-unit multifamily project (with potential to add more density).</li><li>​<span style="font-size: 13px">Plans Included with Sale – Transaction inclu

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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

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