15401 Plymouth Pl | East Cleveland, OH 44112
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- LoopNet Team
15401 Plymouth Pl
East Cleveland, OH 44112
PLYMOUTH GARDEN APARTMENTS · Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- 31 Two Bedroom, One Bath Units / Desirable Up Down Units
- Currently & Historically Well Occupied
- Excellent Location near Cleveland Clinic, Shopping, Bus Stops in Walking distance
- For Sale: $1,395,000 ($45,000 per unit), 11.41% Cap Rate based on 2021 Actuals
- Stable, well maintained Apartment complex
- Value Add Opportunity to increase revenues with rental rate increase
PROPERTY FACTS
| No. Units | 31 | Building Size | 30,000 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 1.43 AC | ||
| Zoning | Multi-Family - Apartments | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | Multi-Family - Apartments |
AMENITIES
UNIT AMENITIES
- Carpet
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 31 | $724.50 | - |
PROPERTY TAXES
| Parcel Number | 673-04-013 | Improvements Assessment | $233,765 |
| Land Assessment | $43,750 | Total Assessment | $277,515 |
PROPERTY TAXES
Parcel Number
673-04-013
Land Assessment
$43,750
Improvements Assessment
$233,765
Total Assessment
$277,515
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