80 MAPLE APARTMENTS • CLEVELAND, OHIO

The Numbers

Purchase Price:	$3,745,000
Capital Improvements:	$350,000
NOI:	$380,000
Cap Rate:	9%
Stabilized Value:	$6,100,000
Equity:	$1,500,000
Refinance Proceeds:	$150,000
Cash Flow:	$110,589

80-unit Apartment Complex, acquired in September 2020