BROOKSIDE • CLEVELAND, OHIO
The Numbers
| Purchase Price: | $14,650,000 |
| Capital Improvements: | $1,850,000 |
| NOI: | $1,400,000 |
| Cap Rate: | 6.10% |
| Stabilized Value: | $24,330,000 |
| Equity: | $6,080,000 |
| Refinance Proceeds: | $490,000 |
| Cash Flow: | $437,000 |
170-unit Apartment Complex, acquired in December 2021
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