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14036-14038 Superior Rd
East Cleveland, OH 44118 East

$1,075,000 USD

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

53 Walk Score

Highlights

23 Units / Currently 82% occupied (19/23)

Excellent Unit Mix of 10 Two Bed, One Bath Units and 13 One Bed, One Bath Units with ability to add an additional bedroom to most units

9.68% 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!

Amenities

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

Public Transportation

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))	18 min	-	8.1 mi
Transit/Subway	Drive	Walk	Distance
Superior (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	35 min	-	19.1 mi

Parking Details

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