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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

220-unit Apartment Complex, acquired in December 2021