Triplex Apartment Building

Executive Summary Discounted Investment Opportunity Triplex Apartment Building 963 E 129th Street Cleveland, OH 44108

Offered by: Signature Landmark Properties, LLC (346) 212-0291 [email protected]

Table of Contents Page

Contents Table of Contents ............................................................................................................................ 1 Investment Opportunity .................................................................................................................. 2 Property Financial Analysis ............................................................................................................ 3 Market Rent & Area Report ............................................................................................................ 4 Confidentiality ................................................................................................................................ 5 Disclaimer ....................................................................................................................................... 5 Contact Information ........................................................................................................................ 5 Condition Report............................................................................................................................. 6

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Investment Opportunity Purchase Price: $30,000 Building Class:

C

Location Class: C Investment Benefits ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪

Pro forma cap rate 27% after repairs Cash on cash return 15% 5 year annual ROI 26% per year Great mix of two 2 bed/1 bath and one 1 bed/1 bath Priced to MOVE Perfect small apartment starter Priced below market Room for rent increases Even more possible value plays!

Number of Units: 3 Style: Two-story, garden type Current Occupancy: 0% Building Square Footage: 2,612 Land Acreage: .07 Year Built: 1925 Opportunity: Excellent opportunity for an investor to get on board with a property with possible value added by reducing expenses or increasing rents. Status: Under contract by Signature Landmark Properties, LLC. New Buyer will be assigned the contract to close. Price includes the assignment fee to Signature Landmark Properties, LLC. This Property is offered for sale to qualified Buyers. Proof of funds is required with all offers.

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Property Financial Analysis

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Market Rent & Area Report

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Confidentiality It is acknowledged by reader that information furnished in this Executive Summary is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader, may cause serious damage; therefore, reader agrees not to disclose it without the express written permission of Signature Landmark Properties, LLC.

Disclaimer Signature Landmark Properties, LLC has prepared this Executive Summary, which contains brief, selected information pertaining to the business and affairs of the property. The information contained herein does not purport to be all inclusive nor does it purport to contain all of the information representative of the property. Signature Landmark Properties, LLC nor any of its respective partners, officers, employees or agents makes any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained herein or otherwise expressed and conveyed and no legal liability is assumed or shall be implied with respect hereto. Such information and statements have in many circumstances been obtained from outside sources, have not been tested or verified and may be subject to errors or omissions. Projections, especially, are based on various assumptions and subjective determinations as to which no guaranty or assurance is given. Potential investors are recommended and urged to perform their own examination and investigation and not to rely on the information contained within this document or other materials otherwise provided.

Contact Information Please contact me at the phone number or email address listed below if you are an interested party, or if you require further information. Proof of funds required with all offers.

Signature Landmark Properties, LLC (346) 212-0291 [email protected]

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Condition Report

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