18051 Lakeshore Boulevard
- Individual furnaces and a/c units
- Tenants pay Electric
- Gas is Sub-Metered by Guardian and Billed Back to Tenants
- Current Rents 10% Below Market
- 20 Year Lead Free Certification
- Garage parking
- Direct access to public transportation
- Desirable Location - One block from Lake Erie
Property Description
Windward Place Apartments consists of 21 one-bedroom, one-bathroom units located one block from Lake Eris on Cleveland’s Lakeshore Boulevard. This well-maintained property offers investors a chance to own in a convenient and popular submarket. With average rent currently at $733 per month—over 10% below market rates—a new owner can start generating cash flow immediately, with strong potential to boost income by aligning rents with the market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,100,000 |
| No. of Units: | 21 |
| Year Built: | 1962 |
| Lot Size: | 0.36 Acres |
| Opportunity Zone: | No |
| Price per unit: | $52,381 |
| Property Website | Click Here |
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