1352 Kenilworth Ave - Apartments FOR SALE
Lakewood, OH 44107 |
$2,800,000 USD
216-264-2048
1352 Kenilworth Ave
Lakewood, OH 44107
HIGHLIGHTS
- Owned by out-of-town partnership and third-party managed
- All units and common areas renovated over last 18 months
- In-place rents currently $100+ below direct competitors
- Garage, carport and surface parking provide a significant competitive advantage compared to the majority of Lakewood apartment communities
- Located in Lakewood, Ohio, the highest density city between NYC and Chicago and ranked #31 out of 6,805 qualifying suburbs for young professionals
- Walking distance to numerous bars and restaurants including some of Lakewood’s most iconic nightlife destinations
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$95 USD /SF
# OF UNITS
32
PRICE/UNIT
$87,500
CAP RATE
Request Cap Rate
% LEASED
87%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1927
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.44 AC
LAND SF
19,166 SF
ZONING
R2
APN/PARCEL ID
311-17-034,311-17-035
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216-264-2048
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216-264-2048
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