1875 Forest Hills Blvd - Apartments FOR SALE


Cleveland, OH 44112
$1,500,000 USD
800-993-1637
1875 Forest Hills Blvd, Cleveland, OH for Sale
$1,500,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1875 Forest Hills Blvd
Cleveland, OH 44112


HIGHLIGHTS

  • $1,500,000 41 unit building ($36,000 a unit)
  • Strong rental area very solid building

OVERVIEW

41 Unit Apartment Building$1,499,000 ($36,585/Unit) East Cleveland, OH 44112 Solid building vacant big rehab but has good bones needs we assume about $900,000 to $1,000,000 depending on finishes but when finished will be quite a cash cow. Cap rate well over 11% if purchase and rehab are under $3,500,000 as all units should rent for more than $1,000/month

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$38 USD /SF

# OF UNITS

41

PRICE/UNIT

$36,585

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,841 SF

ZONING

-

APN/PARCEL ID

672-21-003

ASK ABOUT THIS PROPERTY

Kevin KleinKevin KleinMore Info
800-993-1637

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Kevin KleinKevin KleinMore Info
800-993-1637

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