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VALLEY PARK & PLAZA • CLEVELAND, OHIO

The Numbers

Purchase Price: $9,000,000
Capital Improvements: $1,100,000
NOI: $861,000
Cap Rate: 8.15%
Stabilized Value: $14,100,000
Equity: $3,200,000
Refinance Proceeds: $286,000
Cash Flow: $240,000

170-unit Apartment Complex, acquired in December 2021