3456 W 117th
Great Location Investment Opportunity
Marketing description
OPPORTUNITY
This is a unique opportunity to invest in an
improving neighborhood that is popular with
renters. The 6-unit property with first floor retail
is well-maintained and well-located, resulting in
high historic occupancy. The deep rental market
in this neighborhood provides for shorter term
vacancies and the ability to push rents up to
market rates more quickly. In addition, the rising
tide of the neighborhood is home to many new
food, lifestyle, and entertainment areas, and has
attracted significant investment in recent years.
What Other Experts Are Saying...
Cleveland is one of the most recession-resistant
markets in the U.S., according to Crain’s Cleveland
Business. Successful real estate investors know
how to make money in any market cycle, which
is one reason people are investing in Cleveland
rental property.
Investment highlights
PROPERTY HIGHLIGHTS
• Located in the busy Lorain Avenue-W. 117th Street district
• On-site laundry facilities
• Less than a 10 minute drive from Lake Erie and Downtown Cleveland
• Two (2) RTA rapid stops,
• Excellent access to I-90, I-71, I-480, and Cleveland Hopkins Airport
• Home to Assad’s Mediterranean Cuisine, Chef Carolyn’s Exotic
Cuisine, Der Braumeister, Hawana’s Sweets & Kitchen, Himalayan
Restaurant, Luchita’s Mexican, Primoz Pizza, and Tapatias Taqueria
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