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Lakeview Suites 5216 E Lake Rd 48 Unit Apartment Building $5,880,379 CAD ($122,508 CAD/Unit) Sheffield Lake, OH 44054

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Executive Summary

Located directly across the street from Lake Erie, Fully renovated 1 & 2 bedroom apartments! Enjoy new flooring, fresh paint and updated fixtures throughout!
Amenities include: Brand new parking lot, access to Lake Erie and on-site laundry facilities.
Please contact Nick Burton for full financials, more photos, and to submit an offer.

Data Room Click Here to Access

Property Facts

Price $5,880,379 CAD
Price Per Unit $122,508 CAD
Sale Type Investment
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.77 AC
Building Size 55,728 SF
No. Stories 3
Year Built 1972
Parking Ratio 1.31/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - 600
2+1 24 - 800

Property Taxes

Property Taxes

Parcel Number
03-00-034-105-031
Land Assessment
$47,279 CAD
Improvements Assessment
$349,911 CAD
Total Assessment
$397,190 CAD
  • Listing ID: 39645002

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 5216 E Lake Rd, Sheffield Lake, OH 44054

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