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17100 Van Aken Boulevard, Shaker Heights, OH 44120

WK
OH SAL.2015003145
Marcus & Millichap - Cleveland
Listed by Marcus & Millichap - Cleveland
Unpriced
41 days on market
Updated 41 days ago

17100 Van Aken Boulevard

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 89,835
Occupancy 96.9%
Year Built 1962
Buildings 1
Acreage 1.320
Ground Lease No
Sale Condition N/A

About This Property

Investment highlights

• https://greenbriar.sharplaunch.com/

• Owned by the same local, private partnership since originally built in 1962

• $545,000+ of capital improvements since 2022

• Extensive amenity package includes swimming pool, fitness center and heated garage parking and provides a distinct advantage over competing properties

• $72,000+ of organic revenue growth by increasing below rents to market levels

• $120,000 of additional revenue upside through continued unit renovations

• Located in one of Northeast Ohio’s most desirable inner-ring suburbs

• $109,000+ average household income within 1 mile

• Less than 1.5 miles from Van Aken District, one of the region’s premier lifestyle centers

• Directly adjacent to Shaker Town Center: Heinen’s Grocery Store, CVS, Huntington Bank, UPS, Verizon among many other retailers and restaurants

Listing Contacts

WK
OH SAL.2015003145
Marcus & Millichap - Cleveland
Listed by Marcus & Millichap - Cleveland

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Additional Information

Name
William Koontz
License
SAL.2015003145
Brokerage
Marcus & Millichap
Brokerage Phone
216-264-2000
Title
Senior Director
Brokerage Address
5005 Rockside Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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