5216 E Lake Rd - Apartments FOR SALE


Sheffield Lake, OH 44054
$4,300,000 USD
703-424-4705
5216 E Lake Rd, Sheffield Lake, OH for Sale
$4,300,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

5216 E Lake Rd
Sheffield Lake, OH 44054


OVERVIEW

Located directly across the street from Lake Erie, Fully renovated 1 & 2 bedroom apartments! Enjoy new flooring, fresh paint and updated fixtures throughout! Amenities include: Brand new parking lot, access to Lake Erie and on-site laundry facilities. Please contact Nick Burton for full financials, more photos, and to submit an offer.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

48

PRICE/UNIT

$89,583

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Suites

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

73

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

-

APN/PARCEL ID

03-00-034-105-031

ASK ABOUT THIS PROPERTY

Nick BurtonLegacy Wealth HoldingsMore Info
703-424-4705

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Nick BurtonLegacy Wealth HoldingsMore Info
703-424-4705

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