Bridge Partners, Inc. Investment Real Estate Properties in Columbus & Cleveland, Ohio

Offering Summary

23 suites, 1 additional potential as it is currently used as a community room (could be made into a small 2-bdrm or large 1-bdrm). Electric service is individually metered. Vacant lot included with the offering, currently used as a parking lot - redevelopment opportunity.

Unit Mix: 6 - 1 bedroom suites; 14 - 2 bedroom suites; 3 - 3 bedroom suites; 1 - community room that could be converted to a 1 bedroom or 2 bedroom suite.

Building has just completed a signifcant rehab project and is starting a lease up phase. Offering is based upon a reduced rent roll for quick lease up period and historical expenses. This is an opportunity to provide some great value and have a great building upon stabilization. With historical expenses and an under market rent roll modeled, this building provides some significant cash flow and upside potential. Don't let this opportunity slip by!


Additional Property Highlights:
- Tenants pay for their own electric
- Owner pays for heat, water and sewer
- Ample off street parking in oversized parking lot

Submarket Overview

Downtown Cleveland offers residents tremendous opportunities for world-class culture, arts, education, sports, entertainment, and nearby employment. With the near-completion of the Euclid Corridor Expansion project, immediately at the footsteps of 1944 E. 75th Street Apartments, the area has seen a resurgence. With close proximity to the Cleveland Clinic, Euclid Corridor Expansion Project and University Circle, this apartment building offers residents easy commutes to significant employment areas around town.

Submarket Demographics
Submarket Population:	47,349
Renter Occupied Housing:	32.8
Submarket Trend:	Up