This Multifamily Property is no longer advertised on LoopNet.com.
15104 Euclid Ave
East Cleveland, OH 44112
STANWOOD GARDENS APTS. & RETAIL · Multifamily Property For Sale · 19 Units

INVESTMENT HIGHLIGHTS
- 19 Units / Currently 94% Occupied / Fantastic Value Add Opportunity
- “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside
- Owner directs Immediate Sale of Portfolio to fund other Business opportunities!
- The Projected Net Annual Operating Income at 100% Occupancy at Market Rents is $68,006 or a 7.56% Cap rate at the price of $900,000 ($47,368 per uni
- Excellent Location, Bus Stops in Walking distance
PROPERTY FACTS
No. Units | 19 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.74 AC |
Building Size | 17,303 SF |
Average Occupancy | 94% |
No. Stories | 1 |
Year Built | 1920 |
Parking Ratio | 0.58/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- On-Site Retail
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 14 | $675.00 | - |
2+1 | 3 | $775.00 | - |
LINKS
PROPERTY TAXES
Parcel Number | 673-09-109 | Improvements Assessment | $96,530 |
Land Assessment | $7,000 | Total Assessment | $103,530 |
ZONING
Zoning Code | MF (Multi-Family walk up 7-19) |
Listing ID: 27973423
Date on Market: 3/14/2023
Last Updated:
Address: 15104 Euclid Ave, East Cleveland, OH 44112
The Multifamily Property at 15104 Euclid Ave, East Cleveland, OH 44112 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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