216-264-2048
815 E Grandview Blvd, Erie, PA for Sale
Apartments - FOR SALE
1/31
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815 E Grandview Blvd
Erie, PA 16504
Southeast Erie


HIGHLIGHTS

  • Owned and self-managed by out-of-state partnership for the past 20+ years
  • $157,000+ of organic revenue growth by capturing current loss-to-lease
  • Strong historical occupancy; currently 97%
  • Many recent capital improvements including new roofs, new boilers (4 of 8), replaced fire panels and repaved parking lot (2018-2024)
  • 68% of units are two- or three-bedroom floor plans
  • Walking distance to Mercyhurst University and a short drive to all of Erie’s major colleges and universities

FOR SALE DETAILS

PRICE

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# OF UNITS

206

CAP RATE

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% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tanglewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

320

LAND DETAILS

LAND ACRES

10.78 AC

LAND SF

469,577 SF

ZONING

AB2

APN/PARCEL ID

33-104-471.0-025.00

ASK ABOUT THIS PROPERTY

Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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