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6001 Woodland Ave
Cleveland, OH 44104
Carl B. Stokes Social Services Mall · Multifamily Property For Sale
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285 Units
Investment Highlights
- Offered For Sale for $2,899,000 or $10.18 per sq.ft., Priced well below $9.6m County Tax Value
- Sprint Communications Rooftop Cell Tower generating $49,704 in Gross Annual Income
- Former 285 Unit Apartment Building, currently 56% of the building Leased to YMCA’s 250 Bed Y-Haven Dependency Clinic
- Huge Upside, Value Added Opportunity to develop remaining Vacant space
- Newer Roof, Many recent Capital Improvements with current proactive Maintenance and Management
- Located in Opportunity Zone, Possible Tax Abatement, Low Income Housing Tax Credits (LIHTC), Historic Tax Renovation Credits could be available
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Doorman
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 250 | - | - |
Property Taxes
| Parcel Number | 124-05-011 | Improvements Assessment | $4,445,805 |
| Land Assessment | $153,825 | Total Assessment | $4,599,630 |
Property Taxes
Parcel Number
124-05-011
Land Assessment
$153,825
Improvements Assessment
$4,445,805
Total Assessment
$4,599,630
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