Shaker Hall consists of 103 units in Cleveland's Historic Shaker Square Neighborhood. The property has recently undergone extensive capital repairs, including upgrades to suites and common areas, elevator upgrades, and roof updates. A new investor could continue unit upgrades and take advantage of rising rental rates in this submarket.
Shaker Hall is a seven-story elevator-served community with garage parking and coin laundry. The owner pays for gas, heat, electricity, water, and sewer utilities. The building is well located minutes away from major employers and institutions in University Circle, Downtown Cleveland, and the Eastern Suburbs. Tenants are blocks from local shops, restaurants, and public transportation at Shaker Square, as well as minutes from major employers in the Eastern Suburbs, University Circle, and Downtown Cleveland.