1051 Addison Rd | Cleveland, OH 44103
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1051 Addison Rd
Cleveland, OH 44103
The Mars Apartments · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Projected 10% CAP Rate at 100% Occupancy at Market Rents
- Part of rejuvenated Mid-Town neighborhood
- Close to Cleveland Clinic Main Campus, Cleveland State University and Case Western Reserve University
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,800 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Lot Size | 0.16 AC | Parking Ratio | 1.43/1,000 SF |
| Zoning | 2F | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.16 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1910 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | 2F |
AMENITIES
UNIT AMENITIES
- Carpet
- Porch
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 105-24-135 | Improvements Assessment | $13,720 |
| Land Assessment | $2,870 | Total Assessment | $16,590 |
PROPERTY TAXES
Parcel Number
105-24-135
Land Assessment
$2,870
Improvements Assessment
$13,720
Total Assessment
$16,590
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