Property History
Property Type
Property Type
Property Subtype
Marketing Description
Promenade Apartments is a 50-unit community located on Noble Road in Cleveland Heights, Ohio. The property features an attractive, balanced unit mix of 25 one-bedroom and 25 two-bedroom suites, delivering broad tenant appeal and strong rental upside.
Due to recent under-management, the asset has been allowed to fall behind market standards and is now available well below replacement cost on an “as-is” basis. This creates an exceptional opportunity for a new owner to stabilize operations, implement professional leasing and management, rapidly lease up the property, and capture strong cash-on-cash returns along with immediate equity appreciation.
Investment Highlights
Separately Metered Utilities
Garage Parking
Strong Location in Popular Submarket
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
MF-2 ResidentialMulti FamilyMultiple Family Residential District
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View all 39 uses
View all 39 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY:
Nick Soeder PRO
LIC: BRKP.2011002507
•••.•••.5616
info@••••••••••.com
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