Introducing the Maple 52 investment opportunity an incredible chance to own a 52-unit apartment portfolio in the thriving suburb of Maple Heights, OH! This portfolio consists of four all-brick buildings on the same street, boasting near full occupancy and huge value-add potential. With cosmetic updates and rent increases, you could significantly boost the already strong returns. Each building has newer gabled roofs and offers an in place cap rate of over 7%, with pro forma potential well into double digits. Many units have seen some updates, but a savvy investor can take this to the next level by adding vinyl flooring, fresh paint, modern fixtures, and minor upgraded kitchens and baths. The portfolio includes three 12-unit buildings and one 16-unit building, all equipped with annually serviced boiler heat and newer hot water tanks. Tenants pay their own electric while owner covers gas and water/sewer. This is a rare value-add gem for investors cash flowing today with massive upside potential through minor cosmetic upgrades. Don t miss your chance to transform this portfolio and unlock serious profits!
5072641
Commercial - Apartment, Other
1967
Cuyahoga
2.596
Acres
Public Water
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
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Arrows indicate 90 day trend
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