PROJECT DESCRIPTION: Carrington Ave was a 2-unit duplex in Cleveland, Ohio’s west side (44135). The property was acquired for cash, direct-to-seller, off-market. The property had a delinquent tenant and a tenant paying under-market rent. The property was stabilized by evicting the delinquent tenant, making minimal repairs and increasing rents. The property was flipped and sold on market in less than 12 months from purchase to sale.
COMPLETION YEAR: 2021
STATUS: Completed & Sold
PROJECT METRICS:
ROI: 195%
HOLD: <12 mos
INVESTMENT OPPORTUNITY?: Contact us for more information.