2097 Columbus Rd
Cleveland, OH 44113
Columbus Lofts · Multifamily Property For Sale · 11 Units

Marcus & Millichap is pleased to present the opportunity to acquire 2097 Columbus Lofts, an 11-unit, newly constructed, luxury townhouse community located in the highly coveted Tremont neighborhood of Cleveland, Ohio. Completed in 2017, 2097 Columbus Lofts fulfills millennials’ and empty nesters’ desire to be in a trendy neighborhood with best-in-class quality units. 2097 Columbus Lofts is perfectly located in one of the most rapidly growing and desirable rental markets in all of Ohio. Perched in Tremont’s Northeast corner, it sits directly on the border of both eclectic Ohio City and robust Downtown Cleveland. Future residents are immediately enthralled with being within walking distance to the wildly popular West 25th Street corridor, Lincoln Park, and Tremont’s strip of bars and restaurants on Professor Avenue. A short Uber ride provides residents additional access to Downtown, the Flats, Cleveland State and Case Western Reserve Universities, and the Cleveland Clinic and University Hospitals’ main campuses. Moreover, the property is directly next door to the legendary Velvet Tango Room, one of Cleveland’s most acclaimed and trendiest restaurants. 2097 Columbus Lofts is comprised of studios, one- and two-bedroom units which range from one- to three-stories tall. Each unit offers expert finishes and include open floor plans with high ceilings, gourmet eat-in kitchens, a full appliance package with built-in microwave, dishwashers and disposals, an in-suite full size washer and dryer, custom cabinetry, granite countertops, walk-in and linen closets, and vinyl plank flooring. Along with providing investors the rare opportunity to acquire a newly constructed property in one of the state’s most desirable rental markets, 2097 Columbus Lofts additionally includes a 12 year tax abatement. The asset is also being offered free and clear of existing debt giving investors the opportunity to take advantage of today’s attractive debt options.