4289 E 167th St - Apartments FOR SALE
Cleveland, OH 44128 |
4289 E 167th St
Cleveland, OH 44128
HIGHLIGHTS
- Excellent Value Add Opportunity / Priced to Sell / Out of State Owner
- 97% Occupied / Three Bedroom, One and Half Bathroom Units
- Tenant Paid Utilities / Historically Strong Occupancy / Excellent Investment
- Projected Cap Rate at 100% Occupancy with units rented at market rents is 10.20%.
- 2024’s Net Operating Income was $141,391 or a 6.73% cap rate
- Can transfer with a live-in, onsite manager (managed property for 10+ years) for easy maintenance and transition
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
DYNES VILLAGE TOWNHOUSES
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
96252
STORIES
2
YEAR BUILT
1988
PARKING SPACES
42
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
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APN/PARCEL ID
141-17-040,143-05-005
