Listed by AiCRE Partners
$4,654,409
Cleveland | Youngstown | Boardman | Warren, Oh
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 50
Cap Rate 10.25%
NOI $477,077
Buildings 43
Investment Type Value Add
Multifamily | 10.25% CAP | 50 Units
Marketing description
AiCRE Partners is proud to present a compelling investment opportunity: a portfolio of 43 single-family homes, including 5 duplexes and 1 triplex, totaling 50 doors, all fully rented in Ohio.
This diverse portfolio features 3 properties in Cleveland, 25 in Youngstown, 2 in Boardman, and 13 in Warren, Ohio. Currently owner-managed, transitioning to a professional local management company offers the potential for seamless, hassle-free, passive income.
The majority of these properties are occupied by tenants under Section 8 or cash rental agreements, providing consistent and reliable revenue streams.
Investment highlights
- Diverse Portfolio - Comprising 43 Single-family Homes, Including 5 Duplexes and 1 Triplex, for a Total of 50 Rental Units (Doors).
- Stable Revenue Stream - Predominantly Section 8 Tenants, Offering Resilience Against Economic Downturns, Pandemics, and Government Shutdowns, Ensuring Consistent and Dependable Income.
- “Mailbox Money” Opportunity - Reliable Earnings With Potential Annual Growth Aligned With Government Subsidy Adjustments.
- Value-add Potential - Several Properties Are Currently Rented Below Market Value, With Upcoming Rental Increases Scheduled. Additionally, Select Properties Offer Opportunities to Convert Extra Space Into Additional Rentable Rooms, Further Enhancing Revenue Potential.
Listing Contacts
Listed by AiCRE Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$477,077.00
$39,756.42/mo
Valuation Metrics
0
DSCR
10.25%
Cap Rate
10.25%
ROI
Map
Zoning
2F-B1 ResidentialTwo FamilyTwo Family
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View all 24 uses
View all 24 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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