1900 Euclid Ave
Property Description
DIVISION I CAMPUS APARTMENT OPPORTUNITY IN THE HEART OF CLEVELAND. Fully renovated luxury asset with significant upside. Since 2021, ownership has completed extensive building, amenity, common area, and infrastructure upgrades, transforming 1900 THE LOFTS into a mix of professional and campus-oriented housing. The property is approximately 80% occupied, with 83 units fully renovated. Investors can capitalize on continued unit upgrades, retail activation, vacancy reduction, market rent growth, and the transition to a fully campus-focused apartment community. Additional upside includes expanding the parking garage by 30 spaces and increasing income from new high-end retail tenants. With multiple NOI growth drivers, favorable financing opportunities, and a prime location, 1900 THE LOFTS is positioned for continued appreciation and strong investor returns.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $19,000,000 |
| No. of Units: | 83 |
| Year Built: | 1912 |
| Lot Size: | 0.70 Acres |
| Opportunity Zone: | No |
| Price per unit: | $228,916 |
| Property Website | Click Here |
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