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1365 Clarence Ave
Lakewood, OH 44107
1365 Clarence Ave · Multifamily Property For Sale
·
10 Units
EXECUTIVE SUMMARY
Perfect starter investment property. 10-unit, 90% occupied, majority of the units have been updated. Very little deferred maintenance.
PROPERTY FACTS
| Price Per Unit | $111,082 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 6.62% | Building Size | 9,971 SF |
| No. Units | 10 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise |
| Price Per Unit | $111,082 CAD |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 9,971 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1930 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 312-31-049 | Improvements Assessment | $239,152 CAD |
| Land Assessment | $23,765 CAD | Total Assessment | $262,916 CAD |
PROPERTY TAXES
Parcel Number
312-31-049
Land Assessment
$23,765 CAD
Improvements Assessment
$239,152 CAD
Total Assessment
$262,916 CAD
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