16218 Maple Heights Blvd | Maple Heights, OH 44137
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16218 Maple Heights Blvd
Maple Heights, OH 44137
Saxony Apartments · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- Priced below $50,000 per unit
- Current rents $100+ below competing properties
- Less than 10 minutes from 3 major hospitals – University Hospitals Ahuja Center, Cleveland Clinic's Marymount and South Pointe Hospitals
- Owned and managed by local private family
- Attached garage parking space for all units
- Less than 20 minutes from 3 Fortune 500 Headquarters – Progressive Insurance, Eaton Corporation, and Parker Hannifin
PROPERTY FACTS
| No. Units | 60 | Building Size | 37,088 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 1.82 AC | ||
| Zoning | Commercial | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.82 AC |
| Building Size | 37,088 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 41 | $800.00 | 557 |
| 2+1 | 19 | $925.00 | 750 |
PROPERTY TAXES
| Parcel Number | 781-12-021 | Improvements Assessment | $686,105 |
| Land Assessment | $111,720 | Total Assessment | $797,825 |
PROPERTY TAXES
Parcel Number
781-12-021
Land Assessment
$111,720
Improvements Assessment
$686,105
Total Assessment
$797,825
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