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14012 Lakeshore Blvd
Cleveland, OH 44110 North Collinwood

Price Upon Request

Apartments For Sale  •  82,620 SF

Property Details

  • Property Type Apartments
  • Total Building Size 82,620 SF
  • Lot Size 1.23 AC
  • Building Class C
  • Year Built 1930
  • Zoning MFC-2, Cleveland
37 Transit Score
36 Walk Score

Highlights

Projected Cap Rate at 90% Occupancy with a $40,000 per Suite Renovation is 12.25%.
Possible Tax Abatement, Low Income Housing Tax Credits (LIHTC), Historic Tax Renovation Credits and other programs could be available
Overlooks Lake Erie and is located near the prestigious Village of Bratenahl
Comparables reflect similar finished, renovated properties transferring at $70,000+ per unit
Property is Vacant and offers a quick start of renovation
Great Value-added opportunity

Amenities

  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Heating
  • Wheelchair Accessible
  • Refrigerator

Public Transportation

Commuter RailDriveWalkDistance
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)) 15 min - 7.8 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 33 min - 21.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes