2004 Noble Rd | East Cleveland, OH 44112
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2004 Noble Rd
East Cleveland, OH 44112
Nela Park Apartments · Multifamily Property For Sale · 18 Units
Investment Highlights
- Projected NOI at 100% Occupancy is $39,662 or a 20.98% Cap Rate
- Property vacant and ready for renovation
- Owner motivated to sell
- Located directly across the street from the 92 Acre world operating headquarters of GE Lighting at Nela Park
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 19,916 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1916 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 19,916 SF |
| No. Stories | 3 |
| Year Built | 1916 |
| Parking Ratio | 0.4/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 673-19-085 | Improvements Assessment | $31,190 |
| Land Assessment | $26,570 | Total Assessment | $57,760 |
PROPERTY TAXES
Parcel Number
673-19-085
Land Assessment
$26,570
Improvements Assessment
$31,190
Total Assessment
$57,760
zoning
| Zoning Code | Commercial |
| Commercial |
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