16125 Van Aken Blvd | Shaker Heights, OH 44120
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- LoopNet Team
16125 Van Aken Blvd
Shaker Heights, OH 44120
Archway & Riviera Manor Apartments · Multifamily Property For Sale · 38 Units
Investment Highlights
- Large floor plans with a predominant mix of 2 and 3-bedroom suites that average between 1,100 to 1,400 square feet.
- Recent unit modernizations include luxury vinyl flooring, granite kitchen countertops, stainless steel appliances, and more.
- Across the street from RTA public train line that runs to the Cleveland CBD.
- Outdoor amenities include garage parking and communal green space with picnic tables.
- Irreplaceable location in the historic Shaker Heights neighborhood.
- Average HH income ~$71k within a 2-mile radius.
PROPERTY FACTS
| No. Units | 38 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 22,992 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1958 |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 22,992 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1958 |
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
| 3+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 735-04-006 | Improvements Assessment | $133,210 |
| Land Assessment | $37,170 | Total Assessment | $170,380 |
PROPERTY TAXES
Parcel Number
735-04-006
Land Assessment
$37,170
Improvements Assessment
$133,210
Total Assessment
$170,380
zoning
| Zoning Code | N/Av, Shaker Hts |
| N/Av, Shaker Hts |
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