Property
22/05/2013 - réf 55507
Professional announcer
» Sale
» House / Villa
26338.0324€
Rooms number :2
Address : (View map )

Cleveland

United States

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16% net return after costs and an entry level of just $34,900 - immediate cash flow If cash flow is a major consideration but you also need to be sure of future residual value then Ohio should be on your radar. The State of Ohio remains an industrial powerhouse and unemployment rate is below the national average. This is a true off-market opportunity to purchase heavily discounted 2 &. 3 bedroom townhouses on a mature condominium community in a suburb of Cleveland. All of the units will be fully renovated and subsequently tenanted but the cash flow starts immediately. Investors can expect a genuine 16% net pa cap rate after costs. All units described as two bathrooms consist of one full bathroom and one WC. These properties were selling at peak for $75,000 and more recently for $55,000 with a cap rate of 10% net. Our partners have secured these fantastic prices now for a very limited time and on a limited number of units - &

  • Two Bedrooms - $34,900
  • Three Bedrooms - $39,900 (NOW SOLD OUT)
These units:
  • WILL BE FULLY RENOVATED
  • TENANTED WITH A NEW, VETTED TENANT
  • HAVE CLEAN TITLE
  • HAVE IMMEDIATE POSITIVE CASH FLOW
Do not delay with your enquiry, these fantastic investor properties are sure to sell out FAST.Investment CharacteristicsResidential LettingPositive CashflowCorporate VendorTenanted PropertyProperty CharacteristicsDuplexTriplexOff MarketRenovatedProperty FeaturesGardenCondoAllocated ParkingCentral HeatingKey selling points:Two bedrooms $34900Three bedrooms $39900 (SOLD OUT)16% net returnComprehensive renovationSuburb of Cleveland- OhioImmediate cash flow$625 per month rent for two bedrooms payable immediately

Agents/Owners
Arkadia
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Number of bedrooms : 2

Number of bathrooms : 2

Parking : Private

checkIndividual heating

Price of the real estate or monthly rent if this is a rental or roommate : 26338.0324 €

Date of the last real estate ad update : 22/05/2013