Invest In Cleveland

Revitalizing the “City of Champions” one property at a time

Revitalizing the “City of Champions” one property at a time

A taupe colored diamond icon for Vikram Properties real estate investment and house flipping in Cleveland, Ohio.

  • We specialize in transforming distressed properties through strategic value-add renovations that provide comfort and long-term financial value to both residents and investors.


  • By acquiring overlooked properties across the greater Cleveland market, we restore them with care—honoring their character while adding modern functionality and beauty. Each renovation enhances neighborhood value, curbs urban decay, and creates welcoming spaces where families can thrive.


  • Our focus is on quality craftsmanship, transparency, and community growth—turning neglected houses into lasting investments and homes people love to live in.

Why Cleveland, Ohio?

Economic Drivers

  • Healthcare Powerhouse: Home to the world-renowned Cleveland Clinic, University Hospitals, and MetroHealth System, employing over 120,000 healthcare professionals.

  • Corporate Anchors: Headquarters for Sherwin-Williams, Progressive Insurance, KeyBank, Parker Hannifin, and Lincoln Electric, plus major operations from Amazon, Nestlé, and General Electric.

  • Education Hub: Over 25 universities and colleges, including Case Western Reserve University and Cleveland State University, attract global talent and sustain rental demand.

  • Infrastructure Boom: Billions invested in Bedrock’s riverfront redevelopment, the Sherwin-Williams Global HQ project, and port and airport expansions.

Cleveland skyline with modern buildings, a waterfront, and a large 'Cleveland' sign in the foreground.
A bar chart comparing Cleveland's home affordability at $120k compared to the U.S. median home price at $375k.
A taupe colored diamond icon for Vikram Properties real estate investment and house flipping in Cleveland, Ohio.

Vikram Properties Team

Portrait of Vikram Ambalavanan, owner of Vikram Properties, a man with short dark hair, smiling and wearing a white shirt and a brown leather jacket.

Vikram Ambalavanan

CEO

With a background in medicine and clinical research, I know how our environment impacts well-being; now, through real estate, I put that understanding into action. I’ve always believed a home does more than shelter—it shapes who we become. Our surroundings quietly mold our thoughts, habits, and hopes. My work in Cleveland is about more than flipping houses—it’s about breathing new life into worn spaces so families can build new beginnings. Every renovation transforms not just a structure, but the story of a neighborhood. I’m still learning, still growing—reading, refining, and investing in both property and personal development. My passion lies in creating beauty, stability, and opportunity for Cleveland’s communities, while building a future that rewards both heart and hard work.

Portrait of Van Sturgeon, mentor to Vikram, a man with dark hair, smiling and wearing a blue polo shirt.

Van Sturgeon

RENOVATIONS CONSULTANT

Van brings more than 30 years of experience and a proven track record as a highly successful contractor, real estate entrepreneur, and trusted coach. He has been involved in every phase of real estate, including land development, subdivisions, custom home construction, and has built or renovated thousands of apartments, single-family homes, multifamily buildings, and commercial properties across North America. As a self-made millionaire and active investor, Van owns a multi-million-dollar portfolio and has helped countless investors scale their businesses through renovation strategies, value-add projects, and risk management. He is also a respected podcast host and industry mentor known for teaching real estate investors how to maximize profit by controlling rehab costs and increasing property value while creating long-term wealth through strategic investing.

Ethan Caldwell

OPERATIONS MANAGER

Ethan oversees operational execution, contractor coordination, and risk management strategies at Vikram Properties. With over 12 years of hands-on experience in construction oversight and value-add redevelopment across the Midwest, he ensures every project is delivered efficiently, protecting investor capital while maximizing equity growth. Ethan specializes in renovation budgeting, scheduling, and due diligence, working closely with inspectors and contractors to control costs and maintain strict quality standards. His analytical approach allows him to identify high-return opportunities while minimizing exposure to financial and operational risk. By combining technical expertise with disciplined project management, Ethan brings structure and transparency to every investment.

Our Partners

Agents

We’re looking to partner with agents who bring quality deals. We value your expertise — let’s get started, evaluate the numbers together and build win-win relationships.

Lenders / Investors

Invest with us in the growth of Cleveland, where we safeguard your capital through disciplined oversight, trusted contractor partnerships, and a focus on delivering strong, consistent cash-on-cash returns.

Let's work together.

Let's work together. ◈

Contact Us Any Time

Vikram Ambalavanan
vikram@vikramproperties.com

Invest in Cleveland

Invest in Cleveland ◈