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% 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!