903 S Green Rd | South Euclid, OH 44121
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- LoopNet Team
903 S Green Rd
South Euclid, OH 44121
South Green Road Apartments · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Great Location next to the Euclid Creek Metropark Reservation
- Partnership Dissolution directs Immediate Sale of 95% Occupied Building
- Majority of Two Bedroom and One Bathroom Floorplans (Fourteen)
- 8.63% Projected Cap Rate or $55,000 per unit
- Low Maintenance & Management
- Opportunity to Increase Revenues with Rental Rate Increase
PROPERTY FACTS
| No. Units | 20 | Building Size | 20,946 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 1.10 AC | ||
| Zoning | M F | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 20,946 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | M F |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Breakfast Nook
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $684.50 | - |
| 2+1 | 14 | $787.50 | - |
PROPERTY TAXES
| Parcel Number | 701-27-009 | Improvements Assessment | $228,480 |
| Land Assessment | $59,290 | Total Assessment | $287,770 |
PROPERTY TAXES
Parcel Number
701-27-009
Land Assessment
$59,290
Improvements Assessment
$228,480
Total Assessment
$287,770
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