3069 W 105th St Cleveland, OH 44111

Listing agency Russell Real Estate Services j***@gmail.com Show Phone

Listed by Jesse Kracht · License #OH

Source Crexi

Added: Apr 6 Updated: Jul 20 at 7:06PM Checked: Jul 22 at 11:24AM

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Investment Insights

Based on property information with market context.

This offering is a fully occupied seven-property multifamily portfolio presented as extremely well maintained. The portfolio is reported to generate $14,379 per month in total rent, which is stated as $172,548 annually, along with net operating income of $124,791.60 per year. The seller reports a 9.22% cap rate.

The properties are located on the west side of Cleveland. Addresses included in the portfolio and available in smaller packages are 1299 W. 89th St., 3441 W. 95th St., 3069 W 105th St., 3340 W. 98th St., 3282 W. 94th St., 4392 W. 47th St., and 3896 W. 21st St.

The seller notes the portfolio can be purchased all together or in smaller bundled packages. Reported bundle groupings include three-property and multi-property options, including a $580,000 bundle, a $380,000 bundle, and a $394,000 bundle based on the listed addresses. Request financials, rent roll, and individual property details or pictures for more information.

Key Highlights

• Fully occupied 7‑property multifamily portfolio with annual rent of $172,548 and annual NOI of $124,791.60
• Stated 9.22% cap rate based on provided portfolio performance
• Portfolio includes 1299 W. 89th St., 3441 W. 95th St., and 3069 W 105th St., Cleveland

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FAQs

What type of property is this?

Multifamily property - Fully occupied seven-property multifamily portfolio with listed annual NOI and extremely well-maintained units.

Where is this multifamily property located?

The property is located at 3069 W 105th St Cleveland, OH.

What is the asking price?

The asking price for this property is $1,354,000.

What are key features of this property?

This property features: Fully occupied 7‑property multifamily portfolio with annual rent of $172,548 and annual NOI of $124,791.60; Stated 9.22% cap rate based on provided portfolio performance; Portfolio includes 1299 W. 89th St., 3441 W. 95th St., and 3069 W 105th St., Cleveland