14626 Lake Shore Blvd - Apartments FOR SALE
Cleveland, OH 44110 |
14626 Lake Shore Blvd
Cleveland, OH 44110
HIGHLIGHTS
- 22 Units / Currently 90% Occupied / Fantastic Value Add Opportunity
- Proj. Net Annual Operating Income at 100% Occupancy w/ Market Rents is $77,617 or a 6.90% Cap rate at the price of $1,125,000 ($51,136 per unit)
- “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside
- Excellent Location, Bus Stops in Walking distance
- Owner directs Immediate Sale to fund other Business opportunities!
- Overlooks Lake Erie and is located near the prestigious Village of Bratenahl
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
EASTLAKE APARTMENTS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
18240
STORIES
3
YEAR BUILT
1925
PARKING SPACES
2
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
112-20-006
