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Webb Hall Apartments 1392 Webb Rd 37 Unit Apartment Building For Sale Lakewood, OH 44107
EXECUTIVE SUMMARY
Located in the desirable west end of Lakewood, Webb Hall offers an investment opportunity featuring 37 apartments with historic character and timeless appeal. The building has been carefully maintained to highlight its original charm while providing comfortable living spaces in a highly sought-after neighborhood. Residents enjoy a prime location within walking distance of shopping, dining, and entertainment, further enhancing the property’s long-term value. Webb Hall includes ten studio units and twenty-seven one-bedroom units, each reflecting the building’s classic architecture. With its blend of historic charm, strong rental demand, and prime Lakewood setting, Webb Hall presents a rare chance to invest in a property that combines character, convenience, and enduring appeal.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 37 | Building Size | 29,694 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 0.54/1,000 SF |
| Zoning | C2 - Commercial | ||
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 29,694 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 1924 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | C2 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Views
- Walk-In Closets
SITE AMENITIES
- Laundry Facilities
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | 390 - 450 |
| 1+1 | 27 | - | 500 - 600 |
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Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $548,777 CAD | |
| Land Assessment | $85,410 CAD | Total Assessment | $634,187 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$85,410 CAD
Improvements Assessment
$548,777 CAD
Total Assessment
$634,187 CAD
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Webb Hall Apartments | 1392 Webb Rd
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