13416 Euclid Ave | Cleveland, OH 44112
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
13416 Euclid Ave
Cleveland, OH 44112
EUCLID EMERALD APARTMENTS · Multifamily Property For Sale · 81 Units
Investment Highlights
- 81 Units / Currently 66.67% occupied (54/81)
- 10.03% Cap Rate based on projected NOI at 100% Occupancy at Market Rents
- Excellent Location, Bus Stops in Walking distance
- Excellent Unit Mix of 39 Two Bed, One Bath Units; 40 One Bed, One Bath Units and 2 Studios
- “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside
- Owner directs Immediate Sale to fund other Business opportunities!
PROPERTY FACTS
| No. Units | 81 | Building Size | 55,350 SF |
| Property Type | Multifamily | Average Occupancy | 65% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1963/1966 |
| Building Class | C | Parking Ratio | 0.47/1,000 SF |
| Lot Size | 1.31 AC |
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 55,350 SF |
| Average Occupancy | 65% |
| No. Stories | 3 |
| Year Built/Renovated | 1963/1966 |
| Parking Ratio | 0.47/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | $600.00 | 400 - 550 |
| 2+1 | 39 | $632.50 | 560 - 739 |
| Studios | 2 | $600.00 | - |
PROPERTY TAXES
| Parcel Number | 672-17-005 | Improvements Assessment | $352,840 |
| Land Assessment | $35,210 | Total Assessment | $388,050 |
PROPERTY TAXES
Parcel Number
672-17-005
Land Assessment
$35,210
Improvements Assessment
$352,840
Total Assessment
$388,050
zoning
| Zoning Code | U3 (APTS 40+) |
| U3 (APTS 40+) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
