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- LoopNet Team
10820-10822 Carnegie Ave
Cleveland, OH 44106
Liberty Fairchild Apartments · Multifamily Property For Sale
·
22 Units

INVESTMENT HIGHLIGHTS
- Remarkably central location in the heart of the University Circle district.
- Excellent current NOI with substantial upside.
- Potential re-development site of 23,600 SF (.54 acres).
- On site parking.
PROPERTY FACTS
| No. Units | 22 | Building Size | 20,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1917 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.55 AC | ||
| Zoning | GR-E3 - General Retail 115 ft height lim. Can petition for increase. Probable comparable to One University Circle (20 stories, 215 ft) should be reasonable. | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 20,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1917 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | GR-E3 - General Retail 115 ft height lim. Can petition for increase. Probable comparable to One University Circle (20 stories, 215 ft) should be reasonable. |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- Public Transportation
ABOUT 10820-10822 CARNEGIE AVE , CLEVELAND, OH 44106
Prime Opportunity Zone redevelopment site in University Circle. 22 unit apartment building located on .54 acre parcel with on site parking. This 23,600 square foot property is well situated at 10820-10822 Carnegie Ave, Cleveland, Ohio. Located by the Cleveland Clinic main campus, Case Western Reserve University, as well as many other Cleveland institutions, and minutes from downtown Cleveland. With easy high access, this property is excellently positioned for nearby commute and amenities.
LINKS
PROPERTY TAXES
| Parcel Number | 121-24-015 | Improvements Assessment | $225,260 |
| Land Assessment | $90,860 | Total Assessment | $316,120 |
PROPERTY TAXES
Listing ID: 12488697
Date on Market: 5/7/2018
Last Updated:
Address: 10820-10822 Carnegie Ave, Cleveland, OH 44106
The University Circle Multifamily Property at 10820-10822 Carnegie Ave, Cleveland, OH 44106 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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