Off-Market OfferingOff-Market Deal
$41,000,000
Asking Price
$41,000,000
Investment Highlights
Cleveland OH 736 doors 8 buildings value add workforce housing. Over the last 10 years owner spent $13m in renovations with 324 units re done (44%) 412 units in original condition. Mix of 1/2/3br 60% occupied due to bad mgmt with upside in increased rents. 3% mortgage might be able to assume. $4.5m pro forma NOI on full occupancy Normal sale owner asking $41m (56.5k ppd) negotiable
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/cleveland-oh-736-doors-8-buildings-value/
https://www.crezly.com/property/cleveland-oh-736-doors-8-buildings-value/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.