11105 Fortune Ave - Apartments FOR SALE
Cleveland, OH 44111 |
11105 Fortune Ave
Cleveland, OH 44111
HIGHLIGHTS
- Sits on 3 parcels - one can be converted to parking lot for additional revenue.
- Rents still have Plenty of headroom in rents for the market - can be increased by end of 2023 add about $24,000 in annual rent
- Storage space in basement about 2500 sq can be converted to rentable storage units to apartments for Value add income
- Great proximity to Bus, Tain and Downtown Cleveland Financial Districts less than 10 minutes
FOR SALE DETAILS
PRICE
-
# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Fortune Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
20460
STORIES
3
YEAR BUILT
1920
PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
018-16-119,018-16-120,018-16-121
