Contacts

Morgan McClain

Coldwell Banker Schmidt Realty

(346) 221-1026

Property Details

Property Type Office
Lot Size 0.44 Acre
Year Built 1920
Date Updated Apr 26, 2024
Website www.cbcworldwide.com

Turnkey key 17 unit apartment complex waiting for its new owner! This property is a cash flowing machine! Current gross income at an 82.4% occupancy rate is $154,692 with a cap rate of 9.1% before expenses! Units range between 1-3 bedrooms and all are varying with different tudor style layouts for each unit. Featuring grand architecture on the exterior property, this one is a must add to your real estate portfolio! Units include beautiful hardwood flooring, large open living rooms with a ton of natural lighting, new interior paint, lvp flooring and very spacious floor plans! Street parking and parking spaces in the back of the building along with public transportation are available. Each apartment unit can be newly renovated and turned into a condo development for maximum return value, or keep it for your own personal rental portfolio. Mechanics are all newer and in great condition! Close proximity to shopping, restaurants, public transportation, freeway access, hospitals and much more. Hurry! This property will not last long!

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Highlights

Water: Municipal Water
Heating - Fuel Type: Hydro Heat
Heating - Fuel Type: Gas
Sewer: Public
Roof: Slate Roof
Heating Type: Steam Heat

Getting around

85/100
Walk Score ®
48/100
Transit Score ®
57/100
Bike Score ®

Powered by Walk Score ®

City Shaker Heights, OH
Neighborhood Buckeye-Shaker
Zip Code 44120
Market Cleveland Akron

Points of Interest

Shaker Square

0.32 miles
Coventry

0.33 miles
East 116th–St. Luke’s

0.82 miles
Lee–Van Aken

1.52 miles
Buckeye–Woodhill

1.56 miles
Cedar–University

1.64 miles
East 105th–Quincy

1.70 miles
Kenmore

2.03 miles
Little Italy–University Circle

2.12 miles
East 79th

2.31 miles

BP

0.55 miles
Get Go

0.80 miles
Marathon

0.99 miles
Marathon

1.33 miles
Sunoco

1.36 miles
Sunoco

1.48 miles
Shell

1.69 miles
Marathon

1.71 miles
Shell

1.79 miles
Prestige Petrol

1.93 miles

Municipal Lot 7

1.35 miles
Cleveland Heights Municipal Parking Lot 22

1.45 miles
Municipal Lot 21

1.50 miles
Municipal Lot 27

1.52 miles
Municipal Lot 9A

1.56 miles
SP+

1.61 miles
Municipal Lot 6

1.62 miles
Parking Cleveland Heights Library

1.67 miles
Cleveland Heights Library Parking

1.67 miles
Lot 44

1.69 miles

Star's Compound

1.31 miles
Tudor Arms Hotel

1.91 miles
Courtyard Cleveland University Circle

2.14 miles
InterContinental Hotel Cleveland

2.20 miles
Residence Inn

2.35 miles
Glidden House

2.38 miles
InterContinental Suites Hotel Cleveland

2.47 miles
Holiday Inn Cleveland Clinic

2.52 miles
The Lancer

2.84 miles
Tru by Hilton

3.23 miles

Dave's Supermarket

0.26 miles
Simon's

0.83 miles
Save-A-Lot

1.09 miles
Aldi

1.23 miles
Dave's Supermarket

1.47 miles
Heinen's

1.65 miles
Marc's

2.11 miles
Zagara's Marketplace

2.21 miles
Plum Market

2.26 miles
Miles Supermarket

2.29 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.

13309 S Woodland Rd