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10820-10822 Carnegie Ave
Cleveland, OH 44106
Liberty Fairchild Apartments · Multifamily Property For Sale · 22 Units

INVESTMENT HIGHLIGHTS

  • Remarkably central location in the heart of the University Circle district.
  • Excellent current NOI with substantial upside.
  • Potential re-development site of 23,600 SF (.54 acres).
  • On site parking.

PROPERTY FACTS

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.55 AC
Building Size 20,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1917
Parking Ratio 1.1/1,000 SF
Zoning GR-E3 - General Retail 115 ft height lim. Can petition for increase. Probable comparable to One University Circle (20 stories, 215 ft) should be reasonable.

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities
  • Public Transportation

ABOUT 10820-10822 CARNEGIE AVE , CLEVELAND, OH 44106

Prime Opportunity Zone redevelopment site in University Circle. 22 unit apartment building located on .54 acre parcel with on site parking. This 23,600 square foot property is well situated at 10820-10822 Carnegie Ave, Cleveland, Ohio. Located by the Cleveland Clinic main campus, Case Western Reserve University, as well as many other Cleveland institutions, and minutes from downtown Cleveland. With easy high access, this property is excellently positioned for nearby commute and amenities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-24-015
Land Assessment
$90,860
Improvements Assessment
$225,260
Total Assessment
$316,120
  • Listing ID: 12488697

  • Date on Market: 5/7/2018

  • Last Updated:

  • Address: 10820-10822 Carnegie Ave, Cleveland, OH 44106

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