This Multifamily Property is no longer advertised on LoopNet.com.

15112 Euclid Ave
East Cleveland, OH 44112

EUCLID GARDEN APARTMENTS · Multifamily Property For Sale · 24 Units

Apartment Buildings Ohio East Cleveland 15112 Euclid Ave, East Cleveland, OH 44112

INVESTMENT HIGHLIGHTS

  • 24 Units / Currently 79% 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 $97,444 or a 7.80% Cap rate at the price of $1,250,000 ($52,083 per u
  • Excellent Location, Bus Stops in Walking distance

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 15,456 SF
Average Occupancy 79%
No. Stories 3
Year Built/Renovated 1960/2016
Parking Ratio 1.55/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 24 $587.50 600

LINKS

PROPERTY TAXES

Parcel Number 673-09-110 Improvements Assessment $119,525
Land Assessment $14,000 Total Assessment $133,525

ZONING

Zoning Code Multi-Family (APTS 17-39)
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  • Listing ID: 27983506

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 15112 Euclid Ave, East Cleveland, OH 44112

More public record information on 15112 Euclid Ave, East Cleveland, OH 44112

The Multifamily Property at 15112 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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