216-264-2048
12205 Valley Lane Dr, Garfield Heights, OH for Sale
Apartments - FOR SALE
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12205 Valley Lane Dr
Garfield Heights, OH 44125


HIGHLIGHTS

  • Significant repositioning opportunity through increased occupancy and rents
  • $566,000+ in loss-to-lease ($100 to $300 below direct compeitors)
  • Expense savings through replacement of plumbing and light fixtures
  • 55% two- and three-bedroom floor plans
  • Minutes from The Rockside Road Corridor; one of the regions largest suburban office and retail corridors
  • 5 minutes from 269-bed Cleveland Clinic Marymount Hospital

FOR SALE DETAILS

PRICE

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# OF UNITS

324

CAP RATE

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% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rockside Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

240

LAND DETAILS

LAND ACRES

11 AC

LAND SF

479,160 SF

ZONING

U-3

APN/PARCEL ID

543-19-048,543-21-075

ASK ABOUT THIS PROPERTY

Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.