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About Astraea Development
Our Mission
At Astraea Development, we are dedicated to creating vibrant and sustainable communities that embody the principles of justices and precision. We strive to develop properties that not only meet the highest standards of quality and craftsmanship but also contribute positively to the well-being of residents and the environment. Guided by our commitment to fairness and integrity, we aim to build lasting legacies that reflect the balance and harmony symbolized by our namesake.
Our Vision
We envision a future where our development projects become shining examples of excellence, efficiency and innovation in the real estate industry. We look to lead the way towards a new Age of small, urban development, where every project aligns with the ideals of justice, sustainability, and community well-being. Our goal is to be a trusted guardian of progress, ensuring that each creation is a beacon of hope, purity, and balance for generations to come.
Previous Projects
Properties Purchased, Renovated & Rented
- 19120 Raymond St, Maple Hts, OH 44137 | 07/2012
- Acquisition cost $7,000, Renovation expense $18,000, ARV~ $50,000
- 18610 Raymond St, Maple Hts, OH 44137 | 11/2012
- Acquisition cost $3,000, Renovation expense $22,000, ARV~ $50,000
- 17816 Mapleboro Ave, Maple Hts, OH 44137 | 07/2015
- Acquisition cost $21,800, Renovation expense $10,000, ARV~ $60,000
- 15100 Brunswick Ave, Maple Hts, OH 44137 | 09/2015
- Acquisition cost $16,000, Renovation expense $18,000, ARV~ $60,000
- 14903 Tokay Ave, Maple Hts, OH 44137 | 07/2015
- Acquisition cost $3,500, Renovation expense $15,000, ARV~ $60,000
Properties Purchased, Renovated & Rented for Client
- 21016 Hansen Rd, Maple Hts, OH 44137 (2015)
- 5361 Beechwood Ave, Maple Hts, OH 44137 (2016)
Property Renovated for Client
- Oakwood Village, OH 44146 – Finished Basement (2016)
- E. 84th St, Cleveland, OH 44103 – Full House (2019)
Properties Purchased, Renovated & Sold
- 17610 Maple Hts Blvd, Maple Hts, OH 44137 (2017)
- Acquisition $17k, Renovation $25k, Sold $70k
- 11104 Langton Ave, Garfield Hts, OH 44125 (2018)
- Acquisition $20k, Renovation $21k, Sold $93k
- 17512 Mapleboro, Ave, Maple Hts, OH 44137 (2019)
- Acquisition $29k, Renovation $39k, Sold $96
- 3312 E. 130th St, Cleveland, OH 44120 (2022)
- Acquisition $10k, Renovation $25k, Sold $75k
- 1610 Wheelock Rd, Cleveland, OH 44103
- Acquisition $30k, Renovations $32k, Sold $105k (2023)
- 10808 Gooding Ave, Cleveland, OH 44108
- Acquisition $18k, Renovation $42k, Sold $130k (2023)
- 10605 Ashbury Ave, Cleveland, OH 44106
- Acquired $80k, Renovations $75k,
- Currently renting to college students (2023-2025)
- 5436 Comstock Rd, Bedford Hts, OH 44146
- $25k renovation budget, Sold $260k (2023)
- 10909 Nelson Ave, Cleveland, OH 44105
- Acquisition $10k, Renovation Budget $40k
- WIP estimated to sale for $150k (2024-2025)
- 1002 Wheelock Rd, Cleveland, OH 44103
- Acquisition $40k, Renovation $20k
- WIP estimated to sale for $165k (2024-2025)
- 1500 E. 105th St, Cleveland, OH 44106
- Acquisition $60k, Renovation budget $750k (2025)
- WIP estimated monthly rental income $8,550