News

Facts

Cleveland Highlights:

• Cleveland is a Health Care Hub with over 60 Hospitals and a big Biomedical Industry
• The Biomedical industry is a large exporter of goods adding further financial gain to the community.
• Cleveland is now home to over 600 biomedical facilities with more being added each year.
• Northeast Ohio economy has consistently grown and outpaced the national average for job growth.
• They have assembled a team to Chambers of Commerce and affiliates to help obtain this growth, a team known as Team NEO
• Ohio Tax reform has attracted businesses and produced a low cost of living environment.
• Since 2007, the organization has attracted more than 20 new companies, 2,200 new jobs and more than $70M in annual payroll
• Corporate friendly tax structure
• Low cost of living
• Northeast Ohio is home to 300 foreign-owned businesses,
• The region is a hub for food processing, where major brands such as Smucker’s, Nestlé, and Pierre Foods
• 5 interstate highways
• 6 deep water ports, 3 class 1 railroads, 2 international airports creates low cost logistics
• 29 colleges and universities
• 2 million talented workers create a smart productive multi-cultural workforce.
• Cleveland low acquisition costs are able to provide returns as high as 15 and 20{0060ab4cb5a7054e087fa7ae8f4341848cb29383e3f72a30bb74a39dd520d633} cap rates. Cleveland is a great investment location for those seeking strong cash flow.
• All of these reasons (and more) put Cleveland Ohio real estate on our top markets for investors!