1581-1589 Coventry Rd - Apartments FOR SALE


Cleveland, OH 44118
$2,187,500 USD
440-346-2031
1581-1589 Coventry Rd, Cleveland, OH for Sale
$2,187,500 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

1581-1589 Coventry Rd
Cleveland, OH 44118


OVERVIEW

Fantastic opportunity! Welcome to this all-brick building featuring 35 Apartments! 23 units offer 1 bedroom and 1 bath and 12 units offer 2 bedrooms and 1 bath! This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!

FOR SALE DETAILS

PRICE

$2,187,500 USD

PRICE/SF

$61 USD /SF

# OF UNITS

35

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Celestial I

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1943

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

Residential

APN/PARCEL ID

672-26-039,672-26-084

ASK ABOUT THIS PROPERTY

Joseph ZingalesBerkshire Hathaway Professional RealtyMore Info
440-346-2031

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Joseph ZingalesBerkshire Hathaway Professional RealtyMore Info
440-346-2031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.