2224 Murray Hill Road

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2224 Murray Hill Road

Cleveland, OH 44106
Asking Price
$900K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 9 Units <ul><li>​2-Property Apartment Portfolio in Little Italy, Cleveland: Special opportunity to acquire a well-maintained multifamily portfolio in one of Cleveland’s most sought-after neighborhoods.</li><li>​9 Units Across Two Buildings: Includes a 4-unit and a 5-unit building, offering a balanced mix of rental income potential.</li><li>​100% Occupied with Below-Market Rents: Immediate value-add opportunity for investors to increase cash flow by adjusting rents to market rates.</li><li>​Prime Locatio

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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

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