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2824-2826 E 130th St
Cleveland, OH 44120

Buckwood Apartments · Multifamily Property For Sale · 28 Units

PROPERTY FACTS

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 24,108 SF
Average Occupancy 93%
No. Stories 3
Year Built 1934
Parking Ratio 0.5/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower

ABOUT 2824-2826 E 130TH ST , CLEVELAND, OH 44120

https://vimeo.com/418435110 The Buckwood Apartments offer an investor the opportunity to obtain 28 units in a popular submarket. The property consists of 20 - One Bedroom units and 8 Efficiency suites one block from Shaker Square. Property has been updated with newer windows, newer boiler, and cosmetic unit upgrades. A new investor has the opportunity to substantially increase cash flow with improved management and bringing all rents in line with the market. In the immediate neighborhood, apartment properties recently closed at prices per unit ranging from $35,000 to over $60,000 per unit. Buckwood offers an investor the opportunity to enter a strong market with true upside potential. The Shaker Square and RTA are significant people magnets that will continue to be attractive to current and future tenants.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - 575
1+1 20 - 650

PROPERTY TAXES

ZONING

Zoning Code Multi Family (Commercial Building)
  • Listing ID: 19147467

  • Date on Market: 4/8/2020

  • Last Updated:

  • Address: 2824-2826 E 130th St, Cleveland, OH 44120