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635 W Lakeside Ave
Cleveland, OH 44113
Lofts at The Cloak Factory · Multifamily Property For Sale
·
5 Units
Investment Highlights
- 635 W Lakeside Avenue is home to the modern Lofts at The Cloak Factory, a five-unit apartment building constructed in 1900 and renovated in 2024.
- This is a fully leased investment opportunity at The Cloak Factory, offering luxurious and upgraded apartments.
- In a prime location with a strong tenant demand and timeless appeal.
- The units feature tall ceiling heights, exposed brick, and beams.
Property Facts
| No. Units | 5 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 65,727 SF |
| Property Subtype | Apartment | Average Occupancy | 99% |
| Apartment Style | Garden | No. Stories | 6 |
| Building Class | B | Year Built | 1905 |
| Zoning | LLR D5 - Limited Retail Business District. | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 65,727 SF |
| Average Occupancy | 99% |
| No. Stories | 6 |
| Year Built | 1905 |
| Zoning | LLR D5 - Limited Retail Business District. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 1,876 |
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $980,245 | |
| Land Assessment | $123,270 | Total Assessment | $1,103,515 |
Property Taxes
Parcel Numbers
Land Assessment
$123,270
Improvements Assessment
$980,245
Total Assessment
$1,103,515
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