216-264-2048
12491-12497 Cedar Rd
Cleveland, OH 44106
Cedar-Fairmount
HIGHLIGHTS
- Owned and self-managed by local, private investor for the past 40+ years
- Significant recent capital improvements include 2 new boilers (2024) and a new roof (2023)
- More than $58,800 of annual organic rental income growth by increasing below market rents
- Located in the central core of the Cedar-Fairmount District - One of Cleveland’s trendiest neighborhoods.
- 3 minutes from Case Western Reserve University - Top 50 college in US and more than 20,000 total students and staff
- Less than 7 minutes from University Circle and Little Italy (75+ restaurants, 50+ shops and small businesses, 10+ museums)
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
The Sterling/Cedar Hill
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1923
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
-
APN/PARCEL ID
685-16-050,685-16-051
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216-264-2048
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216-264-2048
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