alt
alt
alt
alt
View All

For Sale

Grandview Apartments

2252 Grandview Ave,
Cleveland Heights, OH 44106
Represented by
Adams Lynch Associates

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
$40,409
NOI
1920
Year Built
2
Floor Count
86
Parking Spots
0.13 Acres
Land Area
5 Units
Unit Count
5,809 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

The Grandview Apartments offer an investor the opportunity to obtain an updated asset in a highly desirable location. Property consists of four large 3BR 1 Bathroom units and one large renovated 1BR 1 Bathroom unit. The building boasts classic Cleveland Heights suites with enclosed front porches, hardwood floors, decorative fireplaces, and modern upgrades to kitchens and bathrooms. The property has historically strong occupancy and offers potential upside with improved management and bringing rents in line with the market.


Investment Highlights

  • Extremely Strong Rental Market
  • 100% Occupancy
  • New Boiler 2023
  • Classic Oversized Cleveland Heights Apartments with Modern Upgrades
  • On Site and Street Parking
  • All Suites Renovated
  • All New Windows

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
Accepting Offers
Unlisted
Asking Price

Investment Sales Broker

Nick Soeder
Adams Lynch Associates

Market Insights