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33254631
33254630

15500 Van Aken Boulevard, Shaker Heights, OH 44120

WK
OH SAL.2015003145
Marcus & Millichap - Cleveland
Listed by Marcus & Millichap - Cleveland
Unpriced
1 day on market
Updated 1 day ago

15500 Van Aken Boulevard

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 11,275
Net Rentable (SqFt) 11,275
Occupancy 100%
Year Built 1952
Buildings 1
Acreage 0.940
Ground Lease No
Sale Condition N/A

About This Property

Investment highlights

• https://ashbyarms.sharplaunch.com/

• In-place rents are $75 to $200 below direct competitors

• Meaningful additional revenue growth through the implementation of parking fees and

utility reimbursement program

• More than $243,000 of capital improvements made over the last 5 years

• Located in Shaker Height’s - One of Northeast Ohio’s most desirable inner-ring suburbs

• 4 minutes to Shaker Town Center: Heinens Grocery Store, CVS, Huntington Bank, UPS,

Verizon among many other retailers and restaurants

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

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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