2097 Columbus Rd | Cleveland, OH 44113
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- LoopNet Team
2097 Columbus Rd
Cleveland, OH 44113
Columbus Lofts · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Offering Site: https://columbuslofts.sharplaunch.com
- Short walk to the West Side Market and Ohio City’s main nightlife corridor on W 25th Street
- Units feature many 2- and 3-story floorplans, luxury finishes such as granite countertops, stainless steel appliances & custom cabinetry, and w/d
- Located in Duck Island, one of Cleveland’s oldest yet most trendy infill neighborhoods situated alongside Ohio City, Tremont, and Downtown Cleveland
- Rents are the lowest in the submarket with current rents $150 below market
- Property benefits from real estate tax abatement running through 2033
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 11,186 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1906/2017 |
| Zoning | SI | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 11,186 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1906/2017 |
| Zoning | SI |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
- Walk-In Closets
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $1,000 | 452 |
| 1+1 | 2 | $1,450 | 972 |
| 1+1.5 | 2 | $1,500 | 1,089 |
| 2+2 | 5 | $1,800 | 1,081 - 1,270 |
PROPERTY TAXES
| Parcel Number | 004-03-004 | Improvements Assessment | $350,945 |
| Land Assessment | $52,920 | Total Assessment | $403,865 |
PROPERTY TAXES
Parcel Number
004-03-004
Land Assessment
$52,920
Improvements Assessment
$350,945
Total Assessment
$403,865
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