Receivership Sale: Value-Add Multifamily Opportunity | Loganberry Ridge

For Sale

26680 Loganberry Drive, Cleveland, OH 44143

This Cleveland property for sale is located at 26680 Loganberry Drive. Contact the listing broker for details on the current sale price for Receivership Sale: Value-Add Multifamily Opportunity | Loganberry Ridge.

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Property Details

  • Property Type Multi-Family
  • Property Size 294,574 SF
  • Units 397
  • Parking Spaces Avail. 500
  • Parking Ratio 1.70 / 1,000 SF
  • Year Built 1963
  • Date Updated May 14, 2026

 397 UNITS WITH EXCELLENT VALUE-ADD UPSIDE LOCATED MINUTES FROM MAJOR EMPLOYERS IN CLEVELAND, OH

Subject to Court Authorization to Conduct Auction

Investment Highlights:

  • Primed for Value-Add Upside: All 397 units are unrenovated with tile floors, laminate countertops, white cabinets, and white appliances
  • Clear Path to Add Value: The top of the competitive set renovated units with backsplash, cherry cabinets, and stainless steel appliances to achieve average rents of $970/unit
  • Strong Income & Demographics: $81,200 average annual household income within a 2-mile radius of the property
  • Minimal New Supply: There are only 1 community under construction in the submarket
  • Easy Access to Grocery: Close proximity to Walmart, Target, Aldi, and Meijer
  • Close to Major Employers: FlexJet headquarters, Progressive Insurance, the Cleveland Clinic, Cleveland-Cliffs, and a large Amazon distribution center

Thomas Seaman Auctioneer License: 2007000016. Starting Bid: $2,250,000 

Want more info on this listing?

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

Getting around

  • 42/100

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  • 43/100

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Location

  • City Cleveland, OH
  • Neighborhood Richmond Heights
  • Zip Code 44143
  • Market Cleveland Akron

Points of Interest

  • Stokes-Windermere Station

    5.95 miles

  • Superior

    6.55 miles

  • Coventry

    8.32 miles

  • Warrensville–Van Aken

    8.39 miles

  • Lake Shore Live Steamers

    8.57 miles

  • Buckeye–Woodhill

    9.47 miles

  • Sunoco

    0.48 miles

  • Marathon

    0.51 miles

  • BP

    0.75 miles

  • Shell

    1.44 miles

  • Speedway

    1.81 miles

  • Leviton

    1.98 miles

  • ChargePoint

    3.80 miles

  • Tesla Destination Charger

    3.81 miles

  • eVgo

    4.97 miles

  • A. B. Williams parking lot

    3.61 miles

  • Horse Trailer Parking

    3.95 miles

  • Wilson Mills Trailhead

    4.47 miles

  • Colony Square

    4.77 miles

  • Hillcrest Hospital Parking Garage

    5.28 miles

  • Notre Dame River

    5.31 miles

  • Hyatt Place Parking Garage

    5.45 miles

  • La Place at Beachwood Place - Garage Parking

    5.69 miles

  • Beachwood Place Parking Garage

    5.91 miles

  • Temple on the Heights Parking

    6.02 miles

  • Fairbridge Hotel

    0.76 miles

  • Quality Inn Wickliffe

    1.22 miles

  • Econo Lodge Wickliffe - Cleveland East

    1.24 miles

  • Courtyard

    3.36 miles

  • Holiday Inn

    3.78 miles

  • Four Points

    4.74 miles

  • Comfort Inn Mayfield Heights Cleveland East

    4.78 miles

  • Noble Motel

    4.94 miles

  • Town House Motel

    5.00 miles

  • Hyatt Place Cleveland/Lyndhurst/Legacy Village

    5.44 miles

  • Marc's

    0.32 miles

  • Simon's Supermarket

    0.65 miles

  • Save-A-Lot

    0.79 miles

  • Highland Food Mart

    2.04 miles

  • Burlington

    2.38 miles

  • Dave's Market

    2.43 miles

  • ALDI

    2.50 miles

  • SweetBerry Fresh Market

    2.66 miles

  • Big Lots

    3.52 miles

  • Kohl's

    3.52 miles

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

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