15632 Euclid Ave - Apartments FOR SALE


East Cleveland, OH 44112
$849,000 USD
330-931-9418
15632 Euclid Ave, East Cleveland, OH for Sale
$849,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

15632 Euclid Ave
East Cleveland, OH 44112


OVERVIEW

Green Bridge Real Estate is pleased to present the Euclid Hastings Apartment Building. A 51 unit multifamily building , 50 - 1 bed units and 1 - 2 bed unit. Currently a clean shell, that is ready to rehab. Proforma GI of $504,900, with an estimated monthly income of $42,075. Proforma NOI of $302,940 which would be a 23.32% cap rate on the asking price of $1,299,000. Please call or email Jason Griffith to schedule your tour today!

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$24 USD /SF

# OF UNITS

51

PRICE/UNIT

$16,647

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Euclid-Hastings

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

U3

APN/PARCEL ID

673-11-007

ASK ABOUT THIS PROPERTY

Jason GriffithGreen Bridge Real EstateMore Info
330-931-9418

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Jason GriffithGreen Bridge Real EstateMore Info
330-931-9418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.