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15632 Euclid Ave
East Cleveland, OH 44112
Euclid-Hastings · Multifamily Property For Sale
·
51 Units
EXECUTIVE SUMMARY
Green Bridge Real Estate is pleased to present the Euclid Hastings Apartment Building. A 51 unit multifamily building , 50 - 1 bed units and 1 - 2 bed unit. Currently a clean shell, that is ready to rehab. Proforma GI of $504,900, with an estimated monthly income of $42,075. Proforma NOI of $302,940 which would be a 23.32% cap rate on the asking price of $1,299,000.
Please call or email Jason Griffith to schedule your tour today!
Please call or email Jason Griffith to schedule your tour today!
PROPERTY FACTS
| Price Per Unit | $23,096 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Sale Condition | Building in Shell Condition | Lot Size | 0.34 AC |
| No. Units | 51 | Building Size | 35,282 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1927/2025 |
| Zoning | U3 - 4070 - ELEVATOR APTS 40+ U | ||
| Price Per Unit | $23,096 CAD |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 35,282 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1927/2025 |
| Zoning | U3 - 4070 - ELEVATOR APTS 40+ U |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 43 | - | 469 |
| 1+1 | 8 | - | 710 |
PROPERTY TAXES
| Parcel Number | 673-11-007 | Improvements Assessment | $66,089 CAD |
| Land Assessment | $14,471 CAD | Total Assessment | $80,559 CAD |
PROPERTY TAXES
Parcel Number
673-11-007
Land Assessment
$14,471 CAD
Improvements Assessment
$66,089 CAD
Total Assessment
$80,559 CAD
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