Listed by NAI Pleasant Valley
$2,150,000
Farnsleigh Crossing
Details
APN 736-08-073
Property Type Multifamily
Sub Type Apartment Building
Square Footage 19,237
Units 21
Cap Rate 7.00%
NOI $150,000
Tenancy Multi
Year Built 1952
Acreage 0.680
Parking Spaces 31 spaces
Parking Per SqFt 1.61
Investment Type Stabilized
Van Aken Blvd., Shaker Heights, OH 44122
Investment highlights
- Stabilized Asset
- Fully Renovated (built 1952)
- 0.2m from the Van Aken District
- $150k NOI
- $161k Upside
- $110M+ in recent local development
- 21 Units: (5) 1-BD and (16) 2-BD
- Private Parking Garage (31 spaces)
- Parcel: 736-08-073
- Sale Price: $2,150,000
Listing Contacts
Listed by NAI Pleasant Valley
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
6.98%
Cap Rate
6.98%
ROI
Map
Zoning
MF ResidentialMulti FamilyMultifamily Residential
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View all 37 uses
View all 37 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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