Apartments For Sale • 24,000 SF
| 24 Units / Currently 91% occupied (22/24) |
| The property has been converted to Condos (all units deeded separately) for ease of individual unit sales. |
| 9.46% Cap Rate based on projected NOI at 90% Occupancy at Market Rents |
| “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside |
| Excellent Location, Bus Stops in Walking distance |
| Owner directs Immediate Sale of Portfolio to fund other Business opportunities! |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) | 16 min | - | 7.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Superior (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) | 2 min | 12 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Cleveland-Hopkins International | 33 min | - | 18.8 mi |
| Parking Available: | Yes |
| Reserved: | Yes |
| Spaces Provided: | 24 |
| Type: | Reserved |
| Included in Rent: | Yes |