This Multifamily Property is no longer advertised on LoopNet.com.

18675 Parkland Dr
Shaker Heights, OH 44122
Parkland Apartments · Multifamily Property For Sale · 36 Units

Investment Highlights

  • Heavy value-add opportunity
  • Half a mile from the Van Aken District
  • Attached garage with reserved spaces for tenants
  • Irreplaceable location in the highly desirable city of Shaker Heights
  • Ability to acquire significantly below replacement cost

Property Facts

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.99 AC
Building Size 50,812 SF
Average Occupancy 87%
No. Stories 5
Year Built 1945
Parking Ratio 0.79/1,000 SF
Zoning A

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Warming Drawer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up

Property Taxes

Property Taxes

Parcel Number
736-07-001
Land Assessment
$91,350
Improvements Assessment
$878,325
Total Assessment
$969,675
  • Listing ID: 29339116

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 18675 Parkland Dr, Shaker Heights, OH 44122

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