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| For nearly $6 million, the 16-unit, for-rent Milton Townhomes sold to an investor from Tulsa, Okla. who is acquiring properties of similar value in markets throughout the United States (KJP). CLICK IMAGES TO ENLARGE THEM |
Yesterday, a 16-unit townhouse complex on the east side of downtown Cleveland and built five years ago was sold to an out-of-state investor. The buyer, Milton Townhomes LLC, acquired the for-rent townhomes and their 0.4-acres of property for just under $6 million from Jobu Needs A Refill LLC — referring to a line from the 1989 sports comedy movie Major League about the Cleveland Indians.
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