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14036-14038 Superior Rd
East Cleveland, OH 44118 Cleveland Heights

Price Upon Request

Apartments For Sale  •  27,908 SF

Property Details

  • Property Type Apartments
  • Total Building Size 27,908 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1923
  • Zoning U2,A2,H2-E.Cleveland
47 Transit Score
57 Walk Score

Highlights

14036-14038 Superior Road presents the Superior Glen Apartments, a 23-unit complex currently 73.91% occupied (17/23).
An excellent unit-mix of 10 two-bed/ one-bath units and 13 one-bed/ one-bath units with the ability to add an additional bedrooms to some units.
This offering is presented with a 12.85% cap rate based on the projected NOI at 90% occupancy at market rents.
The units present “guaranteed” rent, and have proven to be stable with a reliable tenant base and tremendous upside.
Nestled in an excellent East Cleveland location with multiple bus stops in walking distance.
Owner directs immediate sale of portfolio to fund other business opportunities.

Amenities

  • Cable Ready
  • Laundry Facilities
  • Storage Space
  • Ceiling Fans
  • Eat-in Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet

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)) 19 min - 8.3 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 36 min - 19.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes