Are you looking for the perfect real estate investment opportunity? Then look no further, SVN | SFRhub Advisors presents the best of the best, our featured single-family residential portfolios and Build-For-Rent Portfolios For Sale, all residing in the hottest real estate markets across the nation, providing the maximum ROI possible. Make sure to check out each single-family rental investment portfolio or build-for-rent investment portfolio to learn more about the demographics, property, location and financial overview. Each of these single-family rental portfolios is an opportunity of a lifetime, so don’t miss out!
- Most homes have been renovated or updated between 2007 – 2012
- Strong 6.99% Projected Cap Rate
- Projected Gross Yield of 11.58% and Leveraged Cash on Cash 6.45%
- Single Family homes cover 46.5% of the Cleveland housing market
- Renters occupy 59.5% of the Entire Cleveland Housing Market
- Cleveland home values have gone up 21.2% over the past year and are predicted to rise another 7.7% within the next year
This 10 Home SFR investment portfolio opportunity located primarily in Cleveland Heights Ohio offers an investor immediate cash flow in the growing Cleveland market. This 10 Home SFR Portfolio can be packaged for an investor with other portfolios in the Cleveland area. Even though Cleveland is just below the national average over the past 10 years, they have exploded and have seen a 21.2% home value growth over the past year and are predicting a 7.7% increase over the next year. Cleveland Heights is a medium-sized city located in the state of Ohio. With a population of 44,633 people and 20 constituent neighborhoods, Cleveland Heights is the 23rd largest community in Ohio.
Cleveland Heights has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country. Of important note, Cleveland Heights is also a city of artists. Cleveland Heights has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Cleveland Heights’ character. One of the many strengths of Cleveland Heights is the proximity to University Circle, Cleveland Clinic, University Hospital, Case Western University, and other various cultural institutions such as the Cleveland Museum of Art and the Cleveland Orchestra. Cleveland Heights has the most significant employment concentration in Northeast Ohio, where many people are employees and or students who work or were educated in the University Circle.
Single-family detached homes are the single most common housing type in Cleveland, accounting for 46.50% of the city’s housing units. People in Cleveland primarily live in single-family detached homes. Cleveland has a mixture of owner-occupied and renter-occupied housing. The housing in Cleveland was primarily built before 1939 (53.56%), making the housing stock in Cleveland some of the oldest overall in America.
Go to SFRhub.com to learn more about this incredible single-family rental portfolio for sale.
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Contact Jeff Cline at SVN | SFRhub Advisors
SVN | SFRhub Advisors
2400 E. Arizona Biltmore Circle
Phoenix, AZ 85016