This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

24525 Sherborne Rd

1,300 SF Specialty Building Offered at $500,000 at a 12% Cap Rate in Bedford Heights, OH 44146

Executive Summary

Multiple, performing family home assets in Bedford Heights, Maple Heights, Warrensville Heights, Garfield Heights, Euclid, and Shaker Heights. All recently renovated, code compliant and tenanted. Properties shown for illustrative purposes - actual portfolio may include some, all or none of those illustrated.
Numerous properties are available. Inquire for photos and financial info. All of our assets have recently undergone an extensive refurbishment and renovation.
We are a distressed SFR developer and has numerous assets for sale - all of which are currently managed by a local property management company and is available to continue as the property manager for Buyers.
Cleveland and Akron suburbs and neighborhoods which are most beneficial to solid cap rates, reasonable appreciation, and long-term tenancies.

Financial Summary (Actual - 2017)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $60,000 $46.15

Financial Summary (Actual - 2017)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $60,000
Annual Per SF $46.15

Property Facts

Price $500,000
Price Per SF $385
Sale Type Investment
Cap Rate 12%
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.26 AC
Building Size 1,300 SF

zoning

Zoning Code R-1
R-1
  • Listing ID: 9338932

  • Date on Market: 9/27/2017

  • Last Updated:

  • Address: 24525 Sherborne Rd, Bedford Heights, OH 44146

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}