Attention Investors! High Cash Flow 4-Unit Building with Over 9% Cap Rate
This large, well-maintained brick 4-unit apartment building is a prime investment opportunity, offering a cap rate of over 9% and steady, reliable cash flow. With a solid rental history and high tenant demand, this property is an ideal addition to your investment portfolio.
Each of the four 2-bedroom, 1-bathroom units is rented on a weekly basis, increasing revenue potential and ensuring consistent cash flow. The building has a proven track record of stable occupancy, making it a secure income-generating asset. All units are equipped with central heat and air, providing tenants with comfort throughout the year. Additionally, the property features paved off-street parking, offering added convenience.
Located just minutes from Lee University and downtown Cleveland, this property is perfectly situated to attract and retain tenants, ensuring ongoing demand.
With its high cap rate, solid rental history, and desirable location, this property offers a fantastic opportunity for investors seeking reliable income and long-term growth.
Call for revenue and occupancy information!
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