1374 West Blvd - Apartments FOR SALE
Cleveland, OH 44102 |
1374 West Blvd
Cleveland, OH 44102
HIGHLIGHTS
- Possible City of Cleveland Tax Abatement & Other Incentives
- 42 Units / Currently 52% Occupied / Fantastic Value Add Opportunity
- The Projected Net Annual Operating Income at 100% Occ. w/Market Rents is $110,648 or a 4.43% Cap rate at $2,499,000 ($59,500 per unit)
- Excellent Unit Mix of 28 One Bedroom, One Bath units, 4 Two Bedroom, One Bath units and 10 Studio Units
- Excellent A class Location with high-end Rental demand, Bus Stops in Walking distance
- Owner directs Immediate Sale to fund other Business opportunities!
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
EDGEWAY APARTMENTS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
33032
STORIES
4
YEAR BUILT
1920
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
001-13-027
