12314 Mayfield Rd, Cleveland, OH 44106

Prime Location Along Mayfield Road

Located along Mayfield Road, the property offers excellent visibility and access to retail, dining, and transportation hubs. With direct connectivity to Interstate 271 and proximity to University Circle’s top employers, the property is positioned for consistent demand and future growth.

Stable, In-Place Cash Flow

La Collina generates reliable cash |ow with 32 apartments and two amenity F+B retail operators. Since the property’s development, occupancy percentage and rents have been healthy and predicable. With 9 years of tax abatement remaining, the stable cash |ow and capped operating expenses help limit risk exposure and normalize a balanced, lucrative cash flow.

Flexible Unit Sizing

The oversized unit mix at La Collina meaningfully differentiates the property from nearby competitive offerings, which are largely characterized by smaller, more standardized floor plans. These larger units provide residents with a level of space, functionality, and livability that is increasingly difficult to replicate in the surrounding submarket, supporting stronger tenant retention and reduced turnover.

Strong Neighborhood Fundamentals

The neighborhood benefits from steady investment, infrastructure improvements, and rising rental demand. With limited new multifamily supply, competition for units remains strong, and with University Hospitals, Cleveland Clinic, and Case Western Reserve University all in “expansion” mode, this location and product type is well suited for a bright short and long term future for ownership.