24570 Lake Shore BlvdEuclid, OH 44123
- Apartment buildings
- 115,750 SF
Property Details for 24570 Lake Shore Blvd
- Year built
- 1943
- Property size (Sq ft)
- 115,750 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a portfolio of two multifamily properties, collectively known as Euclid Crossings, located in Euclid, Ohio, within Cuyahoga County. The portfolio comprises 165 units spread across eleven buildings, each three stories high, totaling 115,750 square feet. Constructed between 1943 and 1950, these Class C apartment buildings are situated at 24570 Lakeshore Blvd and 415 E 222nd St, both in the 44123 zip code. The properties are zoned U3-Apartment House District and are offered as a fee simple ownership. Currently boasting a 93% occupancy rate and a 6.00% cap rate, this value-add investment presents significant potential for increased returns. The properties are classified as a multifamily investment of the value-add type. This is a rare opportunity to acquire a substantial multifamily portfolio in a desirable location. The properties can be purchased individually or as a complete portfolio. Further details and access to a data room are available.
Location Insight
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.6164
- Longitude
- -81.5122
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].