14012 Lakeshore Blvd - Apartments FOR SALE
Cleveland, OH 44110 |
14012 Lakeshore Blvd
Cleveland, OH 44110
HIGHLIGHTS
- Projected Cap Rate at 90% Occupancy with a $40,000 per Suite Renovation is 12.25%.
- Possible Tax Abatement, Low Income Housing Tax Credits (LIHTC), Historic Tax Renovation Credits and other programs could be available
- Overlooks Lake Erie and is located near the prestigious Village of Bratenahl
- Comparables reflect similar finished, renovated properties transferring at $70,000+ per unit
- Property is Vacant and offers a quick start of renovation
- Great Value-added opportunity
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Lake Shore Blvd Apts
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
82620
STORIES
4
YEAR BUILT
1930
PARKING SPACES
84
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
112-18-003,112-18-018,112-18-027
