2450 Overlook Rd - Apartments FOR SALE


Cleveland Heights, OH 44106- Cedar-Fairmount
$3,100,000 USD
216-525-1488
2450 Overlook Rd, Cleveland Heights, OH for Sale
$3,100,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2450 Overlook Rd
Cleveland Heights, OH 44106
Cedar-Fairmount


OVERVIEW

This 40-unit apartment building in Cleveland Heights, offers significant value-add potential through strategic renovations and rent growth. Located in highly desirable, walkable neighborhood near key employment centers such as Cleveland Clinic, University Hospitals, and Case Western Reserve University, this property benefits from strong rental demand and long-term stability.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

40

PRICE/UNIT

$77,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heights Apartments at Overlook

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1915

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

HISH DEN APT

APN/PARCEL ID

685-05-032

ASK ABOUT THIS PROPERTY

David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

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David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

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