LAS GRADAS

Total Units: 96
Targeted IRR: 15.1%

Las Gradas, located in West Cleveland, Ohio, is a 96-unit, C-Class multifamily with several amenities and close to excellent schools. With rents below market and no renovated units, this is a great value-add deal. After its acquisition in 2020, the property was rebranded and repositioned, overperforming continuously since then.