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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



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.
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 | Building Class | C |
| Price Per Unit | $122,508 CAD | Lot Size | 0.77 AC |
| Sale Type | Investment | Building Size | 55,728 SF |
| No. Units | 48 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 1.31/1,000 SF |
| Apartment Style | Low-Rise |
| 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 |
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Property Taxes
| Parcel Number | 03-00-034-105-031 | Improvements Assessment | $349,911 CAD |
| Land Assessment | $47,279 CAD | Total Assessment | $397,190 CAD |
Property Taxes
Parcel Number
03-00-034-105-031
Land Assessment
$47,279 CAD
Improvements Assessment
$349,911 CAD
Total Assessment
$397,190 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Lakeview Suites | 5216 E Lake Rd
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