216-264-2048
15500 Van Aken, Shaker Heights, OH for Sale
Apartments - FOR SALE
1/12
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15500 Van Aken
Shaker Heights, OH 44120


HIGHLIGHTS

  • In-place rents are $75 to $200 below direct competitors
  • Meaningful additional revenue growth through the implementation of parking fees and utility reimbursement program
  • More than $243,000 of capital improvements made over the last 5 years
  • Located in Shaker Height’s - One of Northeast Ohio’s most desirable inner-ring suburbs
  • 4 minutes to Shaker Town Center: Heinens Grocery Store, CVS, Huntington Bank, UPS, Verizon among many other retailers and restaurants
  • 2 miles from the Van Aken District, one of the region’s premier lifestyle centers

OVERVIEW

Offering Site: https://ashbyarms.sharplaunch.com/

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

15

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ashby Arms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

34,028 SF

ZONING

Commercial

APN/PARCEL ID

735-15-001

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 Notice.