16218 Maple Heights Blvd - Apartments FOR SALE


Maple Heights, OH 44137
$2,700,000 USD
216-264-2048
16218 Maple Heights Blvd, Maple Heights, OH for Sale
$2,700,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

16218 Maple Heights Blvd
Maple Heights, OH 44137


HIGHLIGHTS

  • Priced below $50,000 per unit
  • Owned and managed by local private family
  • Current rents $100+ below competing properties
  • Attached garage parking space for all units
  • Less than 10 minutes from 3 major hospitals – University Hospitals Ahuja Center, Cleveland Clinic's Marymount and South Pointe Hospitals
  • Less than 20 minutes from 3 Fortune 500 Headquarters – Progressive Insurance, Eaton Corporation, and Parker Hannifin

OVERVIEW

www.saxony.sharplaunch.com

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$73 USD /SF

# OF UNITS

60

PRICE/UNIT

$45,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Saxony Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1959

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

Commercial

APN/PARCEL ID

781-12-021

ASK ABOUT THIS PROPERTY

Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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

Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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