flyer - hollydale in cleveland, ohio (1)
TRANSCRIPT
-
8/2/2019 Flyer - Hollydale in Cleveland, Ohio (1)
1/2
USA Investment Condos: 16% + NET
OpportunityWe are pleased to announce investor condos now available for reservation.Pre-sale prices are only $24,250 - $32,500 to own outright (66% belowcurrentmarket value). Located in a top U.S. market, these properties cannow be reserved with a refundable $1,000 deposit and the completion of areservation form.
Property Overview908 N State St., Painesville, Ohio 44077
(NE suburb 25 minutes from Downtown Cleveland)
We offer 56 condominiums with tenants in place. Ongoing management isavailable to ensure a complete hands-off and turn-key investment. High-yields are in place; cash flow at the closing with a NET return of 16% +.
Investment Features:
100% Occupancy
New renovations
Significant capital-growth
potential
NET returns of 16% +
Turnkey investment
72% below peak marketvalues
Available Units:
1 Bedroom $24,250 (Rent $495, Total Expenses $171.76, NET Annual Income $3,878.88, NET Return 16.00%) 2 Bedroom $26,325 (Rent $545, Total Expenses $192.80, NET Annual Income $4,226.38, NET Return 16.05%)
3 Bedroom $32,500 (Rent $695, Total Expenses $258.91, NET Annual Income $5,233.03, NET Return, 16.10%)
CONTACT WINSTORN AT 96378820
-
8/2/2019 Flyer - Hollydale in Cleveland, Ohio (1)
2/2
YOUR-URL-GOES-RIGHT-HERE.COMph 555.555.5555 | fx 555.555.5555 | webaddress.comph 555.555.5555 | fx 555.555.5555 | webaddress.com
Cleveland Real Estate Market NewsThe Cleveland rental market is at an all time high. According to Greg Rand (as seen onThe Fox Business Network), CEO ofOwnAmerica, rents in Cleveland are projected toincrease by 13% over the next 3 years (see videos on our website). Cleveland ishome to numerous Fortune 500 Companies, such as Sherwin Williams, Keycorp Bank,Goodyear & TravelCenters of America. Unemployment is down over 2% over the lastyear. The first casino in the state of Ohio is near completion in the downtown area, whichis projected to bring tens of thousands of direct & service-sector jobs. Cleveland is hometo Cleveland Clinic, the World's largest medical facility. A new $500,000,000 medicalarena is underway that will bring state of the art medical research and economic vitality
to the city. Cleveland is home to many professional sports teams, including: Browns(NFL), Indians (MLB), & the Cavaliers (NBA). Cleveland is also home to the Rock andRoll Hall of Fame.
Investment HighlightsThe opportunity presents high-yields & extremely low price-points. Prices aresignificantly below currentmarket valuations (CMA market report available on ourwebsite). Closed sales for comparable condos in zip code 44077 (from February26, 2011) averaged $60,761. The average sale price of comparable condos in thiszip code in 2006 was $93,276.
Excellent capital-growth opportunity, while realizing 16%+ cash on cash returns.
Unit Features:
100% Occupancy
New windows, roofs
and entrance doors
New carpet & tiles
New bathroom &
kitchen fixtures
New HVAC units
Privacy wood fencing
All asphalt driveway
and parking
USA Investment Condos: 16% + NET
CONTACT WINSTORN AT 96378820
http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/http://www.your-url-goes-here.com/