.(148926) Fully Occupied Multi-Family Investment in Hot Rental Area, Lorain, OH Sold

$235,000

Sold

Collect $4,689/month OR MORE on this
8 units Apartment Complex
In Lorain, OH

Excellent Cash Flowing Property!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

Now you can own 8 income-producing units through one property purchase!

PRICED TO MOVE QUICKLY:  $235,000

This multifamily property offers multiple money-generating strategies:

 Great Investment Opportunity!
 Great Location: Lorain is one of the top hottest Real Estate markets in OH
 Current Occupancy: 100%
 $39,902 actual annual NOI
 Cap Rate on Actuals: 16%
 New Roofs in 2016
 8 min drive to Lakeview Park
 9 min drive to Lorain Port Authority
 15 min drive to Ohio Business College
 24 min drive to Cleveland State University
 33 min drive to Cleveland Hopkins International Airport
 No Seller Financing
For IMMEDIATE DELIVERY of the Property Package:

Option 1:  Text your name & email to 440-214-7778 and a packet will be emailed within 10 minutes

Option 2:  Dial the voice box at 440-214-7778 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$235,000
Address:
1200 & 1204 Tower Blvd
City:
Lorain
State:
OH
Zip Code:
44053
Terms:
For Sale
Property Type:
Apartment

Property Location