Log In/Sign Up
12065 Edgewater Dr
Lakewood, OH 44107
Edgewater Cove · Multifamily Property For Sale
·
25 Units
Investment Highlights
- Rare lakefront 25-unit multifamily asset offering a unique investment opportunity with scenic views of Lake Erie.
- 3 of the vacant units are 3bd/ 2 ba and will generate over 90,000/ year alone ($2500/mo each) once completed bringing NOI over 300k!
- Strategically located in Lakewood, Ohio, a top rental market, with significant tenant demand and some of the highest appreciation rates in northeast O
- Includes essential amenities such as 20 parking spaces with 8 garage spots, newly upgraded electrical systems, plumbing stacks, drains, and windows.
Property Facts
| No. Units | 25 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 34,008 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 0.44/1,000 SF |
| Zoning | Commercial - High Den Apt | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 34,008 SF |
| No. Stories | 4 |
| Year Built | 1927 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | Commercial - High Den Apt |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 11 | - | 800 |
| 2+1 | 10 | - | 1,300 |
| 3+2 | 3 | - | 1,500 |
Property Taxes
| Parcel Number | 312-10-013 | Improvements Assessment | $498,680 |
| Land Assessment | $63,385 | Total Assessment | $562,065 |
Property Taxes
Parcel Number
312-10-013
Land Assessment
$63,385
Improvements Assessment
$498,680
Total Assessment
$562,065
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
