1500-1502 Coventry Rd | Cleveland, OH 44118
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1500-1502 Coventry Rd
Cleveland, OH 44118
Coventry House Apartments · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- 21 Units / Currently 47% Occupied
- Owner directs Immediate Sale!
- Excellent Location near Cleveland Clinic, Bus Stops in Walking distance
- 8.77% Projected Cap Rate at 100% Occupancy
- Tremendous Upside
PROPERTY FACTS
| No. Units | 21 | Building Size | 21,626 SF |
| Property Type | Multifamily | Average Occupancy | 48% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1946 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.73 AC | ||
| Zoning | Multi-Family, Clev. | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 21,626 SF |
| Average Occupancy | 48% |
| No. Stories | 3 |
| Year Built | 1946 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | Multi-Family, Clev. |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $640.50 | - |
| 2+1 | 13 | $875.00 | - |
| Studios | 2 | $460.00 | - |
PROPERTY TAXES
| Parcel Number | 672-26-001 | Improvements Assessment | $212,625 |
| Land Assessment | $22,260 | Total Assessment | $234,885 |
PROPERTY TAXES
Parcel Number
672-26-001
Land Assessment
$22,260
Improvements Assessment
$212,625
Total Assessment
$234,885
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