This large single family home is located in the sought after area of Glenville, just 2.4 miles to the centre
of University Circle. There are a large number of new build properties being constructed in this area
having a positive impact on nearby real estate.
The property will be renovated by Global Investments best contractors and will be supplied rent ready
to a Section 8 standard. There is a large tree at the front of the house which will be removed by the
contractors prior to marketing for new tenants. The management company will place brand new vetted
tenants when the work is complete. Large 5 bedroom single family homes are in shortage and high
demand with Section 8, The house should achieve $1,400 – $1,600 in rent each month. This house
when renovated would appraise for approx $95,000 – $105,000 giving the new owner immediate
equity. Similar homes are selling for $140,000 – $180,000 as shown on page 15 of this brochure.
Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District,
Euclid, Bratenahl and the I90 (highway). The property is extremely well located and is very close to the
VA hospital the Cleveland Museum of natural history, the Cleveland, Museum of Art, casted western
reserve University, the university hospitals, and the Cleveland clinic.