15112 Euclid Ave | East Cleveland, OH 44112
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This Multifamily Property is no longer advertised on LoopNet.com.
15112 Euclid Ave
East Cleveland, OH 44112
EUCLID GARDEN APARTMENTS · Multifamily Property For Sale
·
24 Units

INVESTMENT HIGHLIGHTS
- 24 Units / Currently 79% Occupied / Fantastic Value Add Opportunity
- “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside
- Owner directs Immediate Sale of Portfolio to fund other Business opportunities!
- The Projected Net Annual Operating Income at 100% Occupancy at Market Rents is $97,444 or a 7.80% Cap rate at the price of $1,250,000 ($52,083 per u
- Excellent Location, Bus Stops in Walking distance
PROPERTY FACTS
| No. Units | 24 | Building Size | 15,456 SF |
| Property Type | Multifamily | Average Occupancy | 79% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2016 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | Multi-Family - APTS 17-39 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 15,456 SF |
| Average Occupancy | 79% |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2016 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | Multi-Family - APTS 17-39 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | $587.50 | 600 |
LINKS
PROPERTY TAXES
| Parcel Number | 673-09-110 | Improvements Assessment | $119,525 |
| Land Assessment | $14,000 | Total Assessment | $133,525 |
PROPERTY TAXES
Parcel Number
673-09-110
Land Assessment
$14,000
Improvements Assessment
$119,525
Total Assessment
$133,525
Listing ID: 27983506
Date on Market: 3/15/2023
Last Updated:
Address: 15112 Euclid Ave, East Cleveland, OH 44112
The Multifamily Property at 15112 Euclid Ave, East Cleveland, OH 44112 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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