71 E Sprague Rd - Apartments FOR SALE


Seven Hills, OH 44131
$2,750,000 USD
216-339-1618
71 E Sprague Rd, Seven Hills, OH for Sale
$2,750,000 USD
Apartments - FOR SALE
1/3
null | 7.29% Cap Rate

71 E Sprague Rd
Seven Hills, OH 44131


HIGHLIGHTS

  • Well maintained property owned by local, private investor with professional third-party management
  • Rare two- and three-bedroom floor plans featuring 60%+ townhomes
  • Ample surface and covered parking available
  • Proven value-add opportunity with “classic” units yet to be renovated
  • Individually metered for utilities

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

22

PRICE/UNIT

$125,000

CAP RATE

7.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,704 SF

ZONING

MF1

APN/PARCEL ID

552-25-002

ASK ABOUT THIS PROPERTY

Drew CernyMatthews Real Estate Investment ServicesMore Info
216-339-1618

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Drew CernyMatthews Real Estate Investment ServicesMore Info
216-339-1618

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