Introducing a prime investment opportunity in Northeast Cleveland, Tennessee: 24 two-bedroom condo apartments in a well-regarded residential area. This community benefits from its proximity to major employers like Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. With new management at Grant Havens Condominiums, the property has been successfully stabilized, featuring numerous renovations and increased rental rates. This presents significant upside potential for investors, with the option to purchase the entire portfolio or select units.
MLS# | 2704386 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 54 |
Listing Provided By | Keller Williams Cleveland | William Eilf |
SQ Feet | 22,320 |
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Story(s) | 2 |
Units | 24 |
Zoning | Multifamil |
State | TN |
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County | Bradley County |
City | Cleveland |
Zip Code | 37312 |
Community Name | Grant Havens Condominiums |
School District | Cleveland High |
Elementary School | Mayfield Elementary |
Middle School | Cleveland Middle |
High School | Cleveland High |
Listing VS Median (in Grant Havens Condominiums) | |
Price: $3,250,000 low | high Med: $1,860,000 SqFt: 22,320 low | high Med: 11,160 $ / SqFt: $146 low | high Med: $167 On Site: 54 low | high Med: 41.000000 |