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17 Units - The Wilroy and Elite Manor 2 biens • Immeuble residentiel • À vendre 1 486 188 $ CAD • Emplacements multiples



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Turn-Key Opportunity w/Upside!
- Excellent Rental History in Highly Desirable Rental Market!
- Many Recent Capital Improvements!
RÉSUMÉ DE L'ANNONCE
NEW PRICE! 8.78% Cap Rate!
Point of Sale Compliant. Certificates attached.
Location: 2588-2592 Mayfield Rd, Cleveland Heights, OH 44106
Excellent long term tenant history w/serious upside potential! Turn-key!
• Ownership has made many recent capital improvements including updated electrical panels, sub-panels and meters, new exterior entryway doors, hot water tanks (2023) at Elite, blue-tooth operated commercial washer & dryers and numerous flooring and appliances upgrades throughout. Numerous upgrades and renovations to apartment units including a recently remodeled/completely renovated efficiency in the Wilroy. New seal coat job on the driveway 2025.
Desirable Mix of Units: (x12) 1Bd/1B, (x4) 2Bd/1B & (x1) Efficiency. Buildings are adjacent to each other and share a driveway, making management easier. Low-maintenance all brick exteriors and minimal landscaping.
Confidential Listing: Do Not Disturb or Approach Tenants!
Close proximity to plenty of universities, hospitals, restaurants, nightlife, entertainment such as concert venues, Cleveland Art museum, Museum of Natural History and more.
Located in Cleveland Heights close to Little Italy, Coventry, University Heights, Shaker Heights. Just over 20 minute drive to downtown Cleveland. Approx. 10 minute drive to the Cleveland Clinic.
Contact the Powers Brothers at 330.762.0535 to get access to the offering memorandum.
Point of Sale Compliant. Certificates attached.
Location: 2588-2592 Mayfield Rd, Cleveland Heights, OH 44106
Excellent long term tenant history w/serious upside potential! Turn-key!
• Ownership has made many recent capital improvements including updated electrical panels, sub-panels and meters, new exterior entryway doors, hot water tanks (2023) at Elite, blue-tooth operated commercial washer & dryers and numerous flooring and appliances upgrades throughout. Numerous upgrades and renovations to apartment units including a recently remodeled/completely renovated efficiency in the Wilroy. New seal coat job on the driveway 2025.
Desirable Mix of Units: (x12) 1Bd/1B, (x4) 2Bd/1B & (x1) Efficiency. Buildings are adjacent to each other and share a driveway, making management easier. Low-maintenance all brick exteriors and minimal landscaping.
Confidential Listing: Do Not Disturb or Approach Tenants!
Close proximity to plenty of universities, hospitals, restaurants, nightlife, entertainment such as concert venues, Cleveland Art museum, Museum of Natural History and more.
Located in Cleveland Heights close to Little Italy, Coventry, University Heights, Shaker Heights. Just over 20 minute drive to downtown Cleveland. Approx. 10 minute drive to the Cleveland Clinic.
Contact the Powers Brothers at 330.762.0535 to get access to the offering memorandum.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 486 188 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 55,37 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 8,78% | Taille totale du bâtiment | 26 840 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,55 AC |
| Statut | Actif |
| Prix | 1 486 188 $ CAD |
| Prix/pi² | 55,37 $ CAD / pi² |
| Taux de capitalisation | 8,78% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 26 840 pi² |
| Superficie totale du terrain | 0,55 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 2592 Mayfield Rd, Cleveland, OH 44106 | Immeuble residentiel | 12 000 pi² | 1998 | - |
| 2588 Mayfield Rd, Cleveland Heights, OH 44106 | Immeuble residentiel | 14 840 pi² | 1928 | - |
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17 Units - The Wilroy and Elite Manor
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