43 Residential Real Estate Portfolio
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43 Residential Real Estate Portfolio
43 Properties Offered at $4,715,427 in Multiple Locations
Investment Highlights
- Portfolio Comprises 43 Single-Family Homes Leased Below Market Rates.
- Section 8 Tenants Offer Resilience Against Recessions, Pandemics, And Government Shutdowns, Ensuring Enduring Stability.
- Pro-Forma Analysis Indicates A Potential 11% Return On Investment.
- Provides “Mailbox Money” With Earnings Set To Grow Annually In Line With Government Adjustments.
Executive Summary
Discover an exceptional investment opportunity with this exclusive portfolio of 54 single-family homes spread across Cleveland, Youngstown, Boardman, and Warren, Ohio. This meticulously curated collection includes 43 homes currently rented and generating a stable income, with an additional 11 properties under rehabilitation, available either "AS IS" or upon completion.
Cleveland, OH
Cleveland offers an affordable living cost and is home to world-class healthcare, prestigious educational institutions like Case Western Reserve University, and a vibrant cultural scene. The city's economic opportunities are bolstered by Fortune 500 companies and institutions like the Federal Reserve Bank.
Youngstown, OH
Youngstown boasts a thriving educational environment centered around Youngstown State University. The city has a robust school system and has evolved from its industrial roots to embrace technology and modern manufacturing. Youngstown is also known for its cultural richness and recreational offerings, such as Mill Creek Park.
Boardman, OH
Boardman offers economic stability with major employers like Youngstown State University and the Mercy Health - St. Elizabeth Boardman Hospital. The city is rich in cultural and recreational opportunities, featuring Boardman Park and various entertainment venues. Boardman is also known for its excellent educational institutions.
Warren, OH
Warren provides a stable economy supported by institutions like Trumbull Memorial Hospital. The city offers numerous recreational activities, including golf clubs and parks. Warren's educational system includes well-regarded schools like Warren G. Harding High School.
This portfolio guarantees a steady revenue stream, with most properties leased below market rates and tenants under Section 8 or cash rental agreements, ensuring enduring stability. The pro-forma analysis indicates a potential 11% return on investment, making this an attractive opportunity for investors seeking passive income and long-term growth.
Cleveland, OH
Cleveland offers an affordable living cost and is home to world-class healthcare, prestigious educational institutions like Case Western Reserve University, and a vibrant cultural scene. The city's economic opportunities are bolstered by Fortune 500 companies and institutions like the Federal Reserve Bank.
Youngstown, OH
Youngstown boasts a thriving educational environment centered around Youngstown State University. The city has a robust school system and has evolved from its industrial roots to embrace technology and modern manufacturing. Youngstown is also known for its cultural richness and recreational offerings, such as Mill Creek Park.
Boardman, OH
Boardman offers economic stability with major employers like Youngstown State University and the Mercy Health - St. Elizabeth Boardman Hospital. The city is rich in cultural and recreational opportunities, featuring Boardman Park and various entertainment venues. Boardman is also known for its excellent educational institutions.
Warren, OH
Warren provides a stable economy supported by institutions like Trumbull Memorial Hospital. The city offers numerous recreational activities, including golf clubs and parks. Warren's educational system includes well-regarded schools like Warren G. Harding High School.
This portfolio guarantees a steady revenue stream, with most properties leased below market rates and tenants under Section 8 or cash rental agreements, ensuring enduring stability. The pro-forma analysis indicates a potential 11% return on investment, making this an attractive opportunity for investors seeking passive income and long-term growth.
Property Facts
| Price | $4,715,427 | Number of Properties | 43 |
| Price / SF | $83.08 / SF | Individually For Sale | 0 |
| Cap Rate | 8.93% | Total Building Size | 56,755 SF |
| Sale Type | Investment | Total Land Area | 6.57 AC |
| Status | Active |
| Price | $4,715,427 |
| Price / SF | $83.08 / SF |
| Cap Rate | 8.93% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 43 |
| Individually For Sale | 0 |
| Total Building Size | 56,755 SF |
| Total Land Area | 6.57 AC |
Properties
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