9539 Green Meadow Rd - Apartments FOR SALE


Windham, OH 44288
$50,000 USD
650-272-1634
9539 Green Meadow Rd, Windham, OH for Sale
$50,000 USD
Apartments - FOR SALE
1/5
null | 20% Cap Rate

9539 Green Meadow Rd
Windham, OH 44288


OVERVIEW

20% monthly cash-on-cash opportunity 12 units total (2 buildings)as a high-yield investment opportunity (NOT a property sale) The offering is for a secured 2nd position loan backed by the property and the cash flow. The asset generates at the moment (70K a year which is 40% of the potncial of 180K after unties upgrade), also current valuation (for both buildings) is 650K ish with 1st loan of only 350k (54% LTV), meaning a lot of equity available, and afer renovation and market rent increase property new valuation will be 1-1.2M. Seeking $50K-$100K in debt financing (2nd position) to complete unit renovations. Investor Terms: Fixed return: 15% (for 50K) or 20% (for 100K) Payments: Immediately on a monthly basis Term: 12-36 months (no pre-payment penalty) This opportunity is best suited for investors seeking high cash yield backed by real estate with a conservative overall loan-to-value.(current LTV is less than 40% )

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$10 USD /SF

# OF UNITS

12

PRICE/UNIT

$4,167

CAP RATE

20%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,374 SF

ZONING

Commercial

APN/PARCEL ID

41-057-10-00-148-000

ASK ABOUT THIS PROPERTY

Yoda RegevH&Y Property Holding LLCMore Info
650-272-1634

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Yoda RegevH&Y Property Holding LLCMore Info
650-272-1634

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