2734 Noble Rd | Cleveland Heights, OH 44121
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- LoopNet Team
2734 Noble Rd
Cleveland Heights, OH 44121
Promenade Apartments · Multifamily Property For Sale
·
50 Units
INVESTMENT HIGHLIGHTS
- Assumable Financing at Fixed at 4% Until March 2027
- Separately Metered Utilities
- 50% 2 bedroom units
- Unique Opportunity to Obtain a Poorly Operated Property with Significant Upside
PROPERTY FACTS
| No. Units | 50 | Building Size | 49,044 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1949/1965 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 1.80 AC | ||
| Zoning | MF2 | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.80 AC |
| Building Size | 49,044 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built/Renovated | 1949/1965 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | MF2 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | - | - |
| 2+1 | 25 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $575,855 | |
| Land Assessment | $79,730 | Total Assessment | $655,585 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$79,730
Improvements Assessment
$575,855
Total Assessment
$655,585
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