PRESENTED BY CIRCLE ONE PROPERTY MANAGEMENT · SOURCED BY BETTER BUILT OHIO
📍 265 Plymouth Rd, Eastlake, OH 44095
Eastlake, OH 44095
🏘 Single-Family ·
Active
🛏 3 Bedrooms
🛁 1 Baths
📐 1,150 Sqft
📅 Built 1954
$175,000 – $195,000
After-repair value
$1,400 – $1,600
Monthly rent
🏠 About This Deal
Eastlake single-family with strong bones in a stable Lake County neighborhood. Kitchen and bath need refresh, mechanicals are functional. Vacant and ready for cosmetic rehab or immediate tenant placement. Comparable ARV supported by recent 3/1 sales within 0.3 mi.
✨ Property Highlights
- 3 Beds / 1 Bath, 1,150 sqft
- Vacant — immediate access
- Cosmetic-only rehab scope (~$25-35k)
- Lake County — Eastlake schools, stable rent demand
- ARV supported by 3 recent comps within 0.3 mi
📋 Deal Terms
- Asking Price: $115,000
- ARV Range: $175,000 – $195,000
- Property Taxes: $2,200/year
- Occupancy: Vacant
- Closing Costs: Buyer to pay all closing costs
- Title Company: Chicago Title
📈 After-Repair Value (ARV)
Projected ARV: $175,000 – $195,000
Comps available on request — full comp package delivered with signed non-disclosure/assignment agreement.
💵 Rental Income Potential
- Estimated Rent: $1,400 – $1,600/month
- Rents based on comparable units in the immediate neighborhood.
- BRRRR-friendly: ARV supports refi at 75% LTV to recycle most/all capital.
🎯 Investment Highlights
- Multiple Exit Strategies:
- Flip: Renovate and resell to owner-occupant at ARV.
- BRRRR: Buy, rehab, rent, refinance, repeat — pull capital back out.
- Buy & Hold: Long-term rental cash-flow + appreciation.
- Off-market: Not on MLS — no bidding wars, direct-to-buyer pricing.
- Location: NE Ohio — some of the highest cash-on-cash returns in the Midwest.
📞 For Showings & More Info
Ready to walk this property or lock it up? We move fast — most deals go under contract within 72 hours of hitting our buyer list.
Next Steps:
- Contact us if you need more information
- Schedule a property walkthrough (lockbox / by appointment)
- Make an offer directly on this page
- Submit proof of funds
- Sign the assignment agreement — we handle title and closing coordination
💬 What Investors Say
★★★★★
“[TODO Sean fill in — investor quote #1, ~2 sentences about deal quality / speed / accuracy]”
— [Buyer Name], [City] Investor
★★★★★
“[TODO Sean fill in — investor quote #2, ~2 sentences about Circle One PM handoff or numbers]”
— [Buyer Name], [City] Investor
★★★★★
“[TODO Sean fill in — investor quote #3, ~2 sentences about the BRRRR/flip outcome]”
— [Buyer Name], [City] Investor
⚖️ Disclaimers
IMPORTANT: This is an assignment of a real-estate purchase contract, not a direct sale of the property. Better Built Ohio is the equitable interest holder and is assigning its contractual right to purchase to a qualified end buyer. The assignment fee is included in the advertised price above.
All information provided (square footage, bed/bath count, ARV, rent estimates, condition, taxes, comps) is deemed reliable but not guaranteed. Buyer is responsible for conducting their own due diligence, including but not limited to: property inspection, title review, insurance quote, contractor bids, and independent comp analysis.
Photos may reflect prior condition. Property is sold strictly AS-IS, WHERE-IS, with no warranties expressed or implied. Earnest money is non-refundable after the inspection contingency period.
Time-sensitive: this contract is being offered to multiple qualified investors. First to sign the assignment agreement with earnest money wins.