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14148-14152 Superior Rd
Cleveland Heights, OH 44118
Superior Hill Apartments · Multifamily Property For Sale
·
35 Units
Investment Highlights
- Sold in 2007 for $2,900,000
- Currently, 80% occupied (28 of 35) with Market rate tenants. (No Subsidy Vouchers)
- The Projected Net Operating Income at 100% occupancy is $121,056 or a 9.49% Capitalization Rate at the sale price of $1,275,000.
- For Sale at $1,275,000 ($36,428 per unit)
Property Facts
| No. Units | 35 | Building Size | 35,248 SF |
| Property Type | Multifamily | Average Occupancy | 71% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1920/2024 |
| Building Class | C | Parking Ratio | 0.14/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | R-1 | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 35,248 SF |
| Average Occupancy | 71% |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2024 |
| Parking Ratio | 0.14/1,000 SF |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | - |
| 2+1 | 22 | - | - |
Property Taxes
| Parcel Number | 684-03-002 | Improvements Assessment | $373,520 |
| Land Assessment | $24,850 | Total Assessment | $398,370 |
Property Taxes
Parcel Number
684-03-002
Land Assessment
$24,850
Improvements Assessment
$373,520
Total Assessment
$398,370
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