For Sale

1900 The Lofts

1900 Euclid Ave,
Cleveland, OH 44115

Asset Snapshot

N/A
Multifamily Subtype
1912
Year Built
2022
Year Renovated
3
Building Count
60
Parking Spots
0.70 Acres
Land Area
83 Units
Unit Count
128,008 SF
Property Size
80%
Occupancy

Offering Summary

Investment Overview

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.


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Listing Syndicated From

Buildout
Accepting Offers
$19,000,000
Asking Price

Investment Sales Broker

Kristen Asman
SVN | Wilson Commercial Group, LLC

Market Insights