Turn-Key 12-Unit Apartment Complex | High-Yield Investment with 7%+ Cap Rate

2 Buildings - 563 Central Ave NE and 385 Dooley St

This fully renovated 12-unit apartment complex is an ideal income-generating property, offering a strong return and excellent tenant appeal. Divided into two buildings--563 Central Ave and 385 Dooley St--each building houses six well-designed units.

Tenants pay rent weekly, ensuring steady cash flow and maximizing revenue.

Renovations Completed in 2020. Both interiors and exteriors have been modernized for low-maintenance operation.

Each unit offers approximately 406 sq. ft., featuring a living room, kitchen, bathroom, and a spacious bedroom with a closet.

Every unit is equipped with its own heat/air system, range, and refrigerator.

Conveniently located just minutes from Lee University and downtown Cleveland, this property offers easy access to schools, shops, restaurants, and entertainment, making it a top choice for renters.

With its high cap rate, modern updates, and strategic location, this property is a perfect addition to any investor's portfolio.

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