Multifamily
Lakeside Cove
150 E 233rd St, Euclid, OH 44123
Listing Price: Request For Offer
Number of Units
166
Occupancy
95.0%
Gross SF
107,654
Investment Overview
Marcus & Millichap is pleased to present Lakeside Cove.
Lakeside Cove
Investment Highlights
- Owned and self-managed by local, private investor for the past 13+ years
- $3M+ spent of major capital improvements including newer roofs, windows, boilers, hot water tanks, and common areas
- $340,000+ of potential rent growth through loss-to-lease
- In-place, unrenovated rents average $183 below direct competitors and $250 below renovated units
- Within 20 minutes of 5 of Northeast's Ohio's largest employers - including 3 Fortune 500 Companies
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Number of Units
166
Occupancy
95.0%
Gross SF
107,654
Investment Highlights
- Owned and self-managed by local, private investor for the past 13+ years
- $3M+ spent of major capital improvements including newer roofs, windows, boilers, hot water tanks, and common areas
- $340,000+ of potential rent growth through loss-to-lease
- In-place, unrenovated rents average $183 below direct competitors and $250 below renovated units
- Within 20 minutes of 5 of Northeast's Ohio's largest employers - including 3 Fortune 500 Companies
Investment Overview
Marcus & Millichap is pleased to present Lakeside Cove.
Exclusively Listed By
Financing By
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