1847 Lee Blvd | East 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
1847 Lee Blvd
East Cleveland, OH 44112
LEE EUCLID APARTMENTS · Multifamily Property For Sale · 32 Units
INVESTMENT HIGHLIGHTS
- Projected Cap Rate at 90% Occupancy with a $480,000 Renovation is 16.55%
- Located near Cleveland Clinic Hospital
- Property is Vacant and offers a quick start of renovation
- Great Value-added opportunity
- Comparables reflect similar finished, renovated properties at $60,000+ per unit
PROPERTY FACTS
| No. Units | 32 | Construction Status | Abandoned |
| Property Type | Multifamily | Building Size | 24,245 SF |
| Property Subtype | Apartment | Average Occupancy | 1% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1951 |
| Lot Size | 1.34 AC |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.34 AC |
| Construction Status | Abandoned |
| Building Size | 24,245 SF |
| Average Occupancy | 1% |
| No. Stories | 2 |
| Year Built | 1951 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 28 | - | - |
PROPERTY TAXES
| Parcel Number | 673-08-064 | Improvements Assessment | $7,320 |
| Land Assessment | $17,190 | Total Assessment | $24,510 |
PROPERTY TAXES
Parcel Number
673-08-064
Land Assessment
$17,190
Improvements Assessment
$7,320
Total Assessment
$24,510
ZONING
| Zoning Code | U2-H2 (MED DEN APT) |
| U2-H2 (MED DEN APT) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
