11483 Hessler

For Sale

11483 Hessler Rd, Cleveland, OH 44106

This Cleveland property for sale is located at 11483 Hessler Rd.

Contacts

broker

Charles Gagliano

Marcus & Millichap

(216) 264-2022

broker

William Koontz

Marcus & Millichap

(216) 264-2010

broker

Michael Barron

Marcus & Millichap

(216) 264-2016

broker

Joshua Wintermute

Marcus & Millichap

(216) 264-2028

broker

Daniel Burkons

Marcus & Millichap

(216) 264-2018

Property Details

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Owned and managed by a local, private investor since 1975
  • Extremely rare opportunity to acquire 15 units located in the epicenter of University Circle - one of Ohios largest education / employment hubs and Clevelands highest rental demand submarket
  • 7 of 15 units have been recently renovated and are achieving renovation premiums of $220+
  • +/- $22,500 potential annual revenue growth through renovating the 8 original units
  • Additional upside through billing back utilities (Water/Sewer and Gas)
  • 6 minute walk (0.3 miles) to Case Western Reserve University

Getting around

  • 69/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cleveland, OH
  • Neighborhood Central Cleveland
  • Zip Code 44106
  • Market Cleveland Akron

Points of Interest

  • Tri-C–Campus District

    1.13 miles

  • East 55th

    1.53 miles

  • South Harbor

    1.61 miles

  • East 79th

    1.70 miles

  • Tower City

    1.84 miles

  • East 9th–North Coast

    1.86 miles

  • Cleveland

    1.96 miles

  • West 3rd

    2.10 miles

  • Settlers Landing

    2.20 miles

  • East 105th–Quincy

    2.29 miles

  • Shell Gas Station

    0.44 miles

  • BP

    0.58 miles

  • Quincy Gas

    0.61 miles

  • Sunoco

    0.77 miles

  • BP

    0.94 miles

  • Marathon

    0.99 miles

  • Marathon

    1.02 miles

  • Shell

    1.10 miles

  • hp

    1.11 miles

  • Valero

    1.16 miles

  • Children’s Museum of Cleveland

    0.16 miles

  • Dealer Tire LLC Parking

    0.26 miles

  • CSU Lot AA

    0.45 miles

  • East Garage

    0.64 miles

  • ATTC parking

    0.81 miles

  • South Garage

    0.86 miles

  • Central Garage

    0.96 miles

  • West Garage

    1.11 miles

  • PlayhouseSquare Parking

    1.22 miles

  • The Halle Garage

    1.29 miles

  • Tru by Hilton

    0.90 miles

  • Comfort Inn

    1.02 miles

  • The Lancer

    1.23 miles

  • Hilton Garden Inn

    1.24 miles

  • Crown Plaza Cleveland at Playhouse Square

    1.28 miles

  • Metropolitan at The 9, Autograph Collection

    1.43 miles

  • The Kimpton Schofield Hotel

    1.46 miles

  • Hotel Indigo Cleveland Downtown, an IHG Hotel

    1.52 miles

  • Holiday Inn Express

    1.56 miles

  • Hampton Inn Cleveland Downtown

    1.57 miles

  • Dave's

    0.64 miles

  • Dave's

    0.68 miles

  • ALDI

    1.15 miles

  • Simon's

    1.36 miles

  • Heinen's

    1.43 miles

  • Save-A-Lot

    1.57 miles

  • 5th Street Arcades

    1.59 miles

  • Galleria at Erieview

    1.62 miles

  • CGX

    1.73 miles

  • Coast Guard Exchange

    1.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 11483 Hessler