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34471896

2018 Lakeland Avenue, Lakewood, OH 44107 For Sale

CG
OH SAL.2015003104
Marcus & Millichap - Cleveland
Listed by Marcus & Millichap - Cleveland
Unpriced
1 day on market
Updated 1 day ago

2018 Lakeland Avenue

Details
Property Type Multifamily
Square Footage 7,650
Net Rentable (SqFt) 7,650
Units 8
Occupancy 100%
Year Built 1925
Acreage 0.140

About This Property for Sale

Investment highlights

• https://2018lakeland.sharplaunch.com/

• Being offered in conjunction with The Atkins and McKinley Manor – a 3 property portfolio consisting of highly renovated, cash-flowing apartment communities located within half of a mile of each other

• Over $350,000 ($43,750/unit) invested into the property over the last 8 years

• Strong historical occupancy averaging in the high 90s to 100 percent

• Walking distance to dozens of bars, restaurants, and nightlife

• One mile from the Cleveland Metropark’s Rocky River Reservation

• Highly desirable suburban location of Lakewood; ranked #25 out of 6,805 suburbs nationwide for Young Professionals and is the densest city between NYC and Chicago

• Less than 2 miles from Downtown Rocky River featuring Whole Food’s, Heinen’s, First Watch, Rocky River Wine Bar, and a plethora of quaint shoppes

• Within 15 minutes of Ohio City, Tremont, and Downtown Cleveland

Listing Contacts

CG
OH SAL.2015003104
Marcus & Millichap - Cleveland
Listed by Marcus & Millichap - Cleveland

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