2830-2890 Van Aken Blvd
Cleveland, OH 44120
Van Aken Crossing · Multifamily Property For Sale
·
111 Units
Property Facts
| No. Units | 111 | Lot Size | 3.05 AC |
| Property Type | Multifamily | Building Size | 95,180 SF |
| Property Subtype | Apartment | Average Occupancy | 85% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 1950 |
| Zoning | N/Av | ||
| No. Units | 111 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 3.05 AC |
| Building Size | 95,180 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | N/Av |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Ceiling Fans
- Tile Floors
- Kitchen
- Carpet
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Security System
- Pet Play Area
- Walking/Biking Trails
About 2830-2890 VAN AKEN BLVD , CLEVELAND, OH 44120
Capstone Apartment Partners is pleased to present Van Aken Crossing, an exciting opportunity to acquire a 111-unit multi-family community in Cleveland, OH (Shaker Heights School System). Van Aken Crossing consists of three (3) three-story buildings with a mix of large one and two-bedroom floorplans. Located only a ½ block from the iconic Shaker Square, Van Aken Crossing offers a-best-in-class location along Van Aken Boulevard (17,000+ VPD) and is 3.7 miles from the world famous Cleveland Cinic, Case Western Reserve University, and University Hospitals. While Van Aken Crossing is located in a suburban setting, it is uniquely positioned across from the Cleveland Rapid Transit—offering quick and convenient access to University Hospitals, downtown, the airport, area amenities, retail, and major employment centers. The property has been well–maintained by current ownership (nearly $1,100,000 of capex invested during ownership period), while also possessing a multitude of value-add avenues investors are searching for. Additionally, Van Aken Crossing benefits from the thriving fundamentals of the Cleveland multi-family market; thus, making this an exciting opportunity for incoming investors to break into the market or grow their current footprint with this stabilized cash flowing community.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,590,050 | |
| Land Assessment | $162,190 | Total Assessment | $1,752,240 |
Property Taxes
