2050 E 125 St - Apartments FOR SALE
Cleveland, OH 44106 |
2050 E 125 St
Cleveland, OH 44106
HIGHLIGHTS
- Within walking distance to Case Western University, University Hospitals, Cleveland Clinic, and Cleveland’s world renowned arts scene.
- Built in student housing demand from Case Western University students.
- Located in the highest-barrier-to-entry sub-market in greater Cleveland
- Ability to acquire well below current replacement cost
- Roughly half of the units have been fully remodeled resulting in an average rent premium of $161/unit/month providing proof of concept
- Located in University Circle / Little Italy which is known as the “Eds & Meds” district in Northeast Ohio
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
C. Roberto Crossing Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5692
STORIES
2
YEAR BUILT
1905
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
121-04-060
