2050 E 125 St | Cleveland, OH 44106
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2050 E 125 St
Cleveland, OH 44106
C. Roberto Crossing Apartments · Multifamily Property For Sale
·
9 Units
Investment Highlights
- Within walking distance to Case Western University, University Hospitals, Cleveland Clinic, and Cleveland’s world renowned arts scene.
- Located in the highest-barrier-to-entry sub-market in greater Cleveland
- Roughly half of the units have been fully remodeled resulting in an average rent premium of $161/unit/month providing proof of concept
- Built in student housing demand from Case Western University students.
- Ability to acquire well below current replacement cost
- Located in University Circle / Little Italy which is known as the “Eds & Meds” district in Northeast Ohio
Property Facts
| No. Units | 9 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,692 SF |
| Property Subtype | Apartment | Average Occupancy | 89% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1905 |
| Zoning | MF-1 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,692 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1905 |
| Zoning | MF-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Porch
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 121-04-060 | Improvements Assessment | $147,175 |
| Land Assessment | $36,680 | Total Assessment | $183,855 |
Property Taxes
Parcel Number
121-04-060
Land Assessment
$36,680
Improvements Assessment
$147,175
Total Assessment
$183,855
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