Lakewood IV Portfolio
- • Owned and managed by local family for the last 50+ years
- • Attractive going-in basis providing flexibility of business plan to renovate or organically increase rents
- • Upside through organic rent growth of $100+ and upside through cosmetic updates of $250+ on average
- • Strong historical occupancy averaging in the high 90s percent
- • Highly desirable suburban location of Lakewood; ranked #25 out of 6,805 suburbs nationwide for Young Professionals and is the densest city between NYC and Chicago
- • Within 10 minutes of Ohio City, Tremont, and Downtown Cleveland
- • All four properties located within 2 miles of each other with restaurants, nightlife, shopping, and major employers in between
Broker Details
Marcus & Millichap 216-264-2016
Broker Details
Marcus & Millichap 216-264-2018
Broker Details
Marcus & Millichap 216-264-2028
Broker Details
Marcus & Millichap (216) 264-2022
Broker Details
Marcus & Millichap (216) 264-2010
Broker Details
Marcus & Millichap 216-264-2096
Broker Details
Marcus & Millichap 216-264-2088
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 111 |
| Lot Size: | 83,050.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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