Matthew King

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VERIFIED
Title: Owner
Location: Brook Park, OH
Member since: Jul 11, 2012
Green Bridge Real Estate

My Affiliations

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    CCIM

Sold/Leased Listings

Icon_olympiaaprtmntbldg Sold!
Parties: Matthew King
Location: 3365 East 55th Street, Cleveland, OH, 44127
Comments:
Date: Jan 19, 2014
Transaction Amount: $435,000
Cap Rate: 15.00%
Icon_dsc_0150 Sold!
Parties: Matthew King
Location: 1374 West Blvd., Cleveland, OH, 44102
Comments: 42 Unit Apartment Building on Cleveland’s West-side, near Edgewater Park, Transferred Ownership Today. CLEVELAND, OHIO. The 42 Unit, 31,000 Sq.Ft. Edgeway Apartments, located on .31 acres for nearly 100 years at the corner of West Boulevard and Detroit Avenue was formally a Bustling Hotel in the early 1900’s. The Hotel property has since been converted to 42 total Apartment units consisting of 10 Efficiency Style Units, 28 One Bedroom, One Bath Units and 4 Two Bedroom, One Bath Units. Matthew King, CCIM of Green Bridge Real Estate recently represented the seller, RVR Enterprises, LLC in the sale of the 90% Occupied, Multi-Family Asset for $1,030,000 or $24,523 per unit to Central Investment Group, LLC of Cleveland, Ohio which transferred ownership today. “The market reacted to this opportunity, and the property received numerous offers during the marketing program, which shows the Commercial Real Estate market in Cleveland is truly improving and the demand for good quality, Apartment assets is at a high” said Mrs. Valerie Ryba, owner of RVR Enterprises. Valerie went on to say “We did have the property listed with one of the National Apartment Brokerages with no results. Matt got the job done. We have SOLD! Matt is very knowledgeable, very thorough and very conscientious, not to mention easy to deal with and was looking after our best interests with every detail. When I sent an email or phone call, he responded lightning fast. His services have been stupendous and we couldn’t be happier. Considering listing your commercial property? I highly recommend Green Bridge Real Estate. List with confidence.” The new ownership will immediately take over operation of the Apartments, keeping the old property management in place. Central Investment Group, LLC was thrilled with their new purchase and the opportunity the property and location presents. The Edgeway Apartments is minutes from Edgewater Park, the West Boulevard RTA Rapid Transit Station, shopping, Gordon Square and the Cudell Commons.
Date: Dec 06, 2013
Transaction Amount: $1,030,000
Cap Rate: 10.00%

Contact

Location:
Brook Park, OH
Websites:
Phone Numbers:
Office:
(216) 452-9292
Email:
mking@greenbridgerealestate.com

My Markets

Countries:
United States
Metro Areas:
Cleveland-Akron (Canton) OH, Columbus OH

Concentration Areas

Concentrations:
1031 Exchange Expert, Acquisitions, Auction, Brokerage Office Management, Build-to-Suit, Development, Due Diligence, Investment Sales, Leasing, Marketing, Real Estate Investor, Receivership, REO, REO Acquisition, REO/Short Sales, Site Selection, Sublease, Tenant Representation, Zoning
Property Types:
MultiFamily Apartments, Condominium Development, Mobile home, Truck Stops, Distribution Center, Industrial, Factory, Warehouse, Self Storage, Other Industrial, Big Box Retail, Convenience Center, Convenience Store, Gas Stations, Lifestyle Center, Mall, Restaurant, Single Tenant Retail (NNN), Mixed Use, Commercial Land Development, Padsites, Residential Land Development, Hotel, Motel
Years of Experience:
10

Brief Profile

No background information available.

Full Profile

Matthew King is a valuable member to his clients and Green Bridge Real Estate. His creative abilities and marketing aptitude enable clients to meet their goals and maximize the value of their Real Estate Holdings. Over the past several years, he has made a strong statement in the national commercial real estate market. His extensive travel and expertise has given him the opportunity to participate in numerous unique Real Estate transactions in areas such as Las Vegas, Charlotte, Chicago, Brevard County, Florida and Strasburg, Virginia. Matthew has since settled back to the city of Cleveland of which he holds his strongest roots. Matthew has worked with a diverse group of clients ranging from the U.S. Court system, high-tech industries, manufacturers, banks, well-capitalized companies, investors and devel¬opers. He has broad and extensive experience in all aspects of the marketing, leasing and dispositions of all facets of Real Estate including industrial, hotel/hospitality, land, office, retail, residential sales and unique real property in excess of $100 Million in over 1,500 transactions. He has been involved in both the conventional negotiated sale as well as an accelerated (Auction) method of sale. Matthew’s entire professional career has been devoted to the brokerage of Real Estate and he utilizes all his available time, energy and resources to ensure the most favorable outcome for his clients. Matthew graduated from Bowling Green University with his Bachelor of Arts Degree in Visual Communication Technology with a minor in Marketing. In addition to the usual coursework for his degree, he added personal selling, internet selling and legal studies, including Contract Law and Mass Tort Litigation. He maintains his membership in the Bowling Green State University Alumni Association and enjoys competitive Sailing, Sporting Clays and Golf. Matthew, a Certified Commercial Investment Member (CCIM), is recognized as a leading professional in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis. As an experienced expert, a CCIM is an invaluable resource to the commercial real estate owner, investor, and user. Let me know how my commercial real estate broker services can help you find the best property to suit your investment/facility needs or to facilitate a timely disposition of your Real Estate asset. Please feel free to contact me at: mking@greenbridgerealestate.com. AREAS OF EXPERTISE Commercial Real Estate Leasing and Sales Tenant Representation Investment Sales Real Estate Portfolio Disposition Hotel / Hospitality Sales Unique Property Sales Property Valuation Land Assemblage, Sales & Development Bulk Residential Sales including Single Family Residences & Multi-Family Properties Marketing Advisor Real Estate Auctions Receiverships / Court Ordered Sales / Lender Directed Sales

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