4812 Lee Rd - Apartments FOR SALE
Cleveland, OH 44128 |
$1,225,000 USD
216-260-0711
4812 Lee Rd
Cleveland, OH 44128
HIGHLIGHTS
- Well maintained property owned by private west coast investor
- All two-bedroom 900 SF floor plans
- In-place renovated unit rents average $50-$125 below competitors
- Individually metered for utilities with in-suite washer/dryer hookups
- Numerous capital expenditures including substantial unit renovations, new roofs, gutters and downspouts, landscaping, signage, and more
- Minutes from numerous employment hubs, public transportation, and major thoroughfares including Interstate I-480, I-271, and I-77
FOR SALE DETAILS
PRICE
$1,225,000 USD
PRICE/SF
$84 USD /SF
# OF UNITS
16
PRICE/UNIT
$76,563
CAP RATE
Request Cap Rate
% LEASED
94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
LEE MANOR TOWNHOMES
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1939
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
Multi-Family
APN/PARCEL ID
143-03-013
ASK ABOUT THIS PROPERTY
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216-260-0711
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216-260-0711
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