This large multi-family home is located on a very nice street in Woodland Hills, less than 2 miles from
the famous Shaker Square, one of the biggest attractions in Cleveland. Shaker Square is full of
restaurants, bars, boutiques and even has a cinema.
The property is divided into three large apartments, you have two large two bedroom apartments and a
large three bedroom apartment. All three apartments will be renovated by Global Investments best
contractors and will be supplied rent ready to a Section 8 standard. The works will begin when the new
owner closes on the property. When complete the management company will place brand new vetted
tenants. Each two apartment should achieve $1,000 – $1,250 in rent each month and the three
bedroom apartment should achieve $1,250 – $1,700 each month based on the current Section 8 rates.
Woodland Hills is viewed as a very central location in Cleveland Ohio, it is just 5 miles from Downtown
Cleveland, just 3 miles from the University Circle & only 2 miles from Shaker square. There are many
new built homes being built in this area, increasing the value or surrounding properties with a good
potential for capital appreciation. New builds are selling for over $300,000.