440-823-1266
2050 E 125 St, Cleveland, OH for Sale
Apartments - FOR SALE
1/21
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2050 E 125 St
Cleveland, OH 44106
Little Italy


HIGHLIGHTS

  • Within walking distance to Case Western University, University Hospitals, Cleveland Clinic, and Cleveland’s world renowned arts scene.
  • Built in student housing demand from Case Western University students.
  • Located in the highest-barrier-to-entry sub-market in greater Cleveland
  • Ability to acquire well below current replacement cost
  • Roughly half of the units have been fully remodeled resulting in an average rent premium of $161/unit/month providing proof of concept
  • Located in University Circle / Little Italy which is known as the “Eds & Meds” district in Northeast Ohio

OVERVIEW

CBRE OH Multifamily is pleased to present the exclusive listing of C Roberto Apartments for sale to qualified investors. The acquisition of this asset offers investors the compelling opportunity to own 9 apartments in the extremely high-barriers-to-entry submarket of Little Italy in Cleveland, Ohio.

FOR SALE DETAILS

PRICE

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# OF UNITS

9

CAP RATE

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% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

C. Roberto

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MF-1

APN/PARCEL ID

121-04-060

ASK ABOUT THIS PROPERTY

440-823-1266

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440-823-1266

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