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Multifamily

Saxony

16218 Maple Heights Blvd, Maple Heights, OH 44137

Listing Price: $2,700,000

Cap Rate
5.05%
Number of Units
60
GRM
5.23
Occupancy
92.0%
Price/Unit
$45,000
Price/Gross SF
$72.80
Gross SF
37,088

Investment Overview

Marcus & Millichap is pleased to present The Saxony, 60 units in Maple Heights, Ohio.

Investment Highlights

  • Priced Below $50,000 per Unit
  • Owned and Managed by Local Private Family
  • Current Rents Over $100 Below Competing Properties
  • Attached Garage Parking Space for All Units
  • Less than 10 Minutes from Three Major Hospitals – University Hospitals Ahuja Center, Cleveland Clinic Marymount Hospital, and Cleveland Clinic South Pointe Hospital
  • Less than 20 Minutes from Three Fortune 500 Headquarter's: Progressive Insurance, Eaton Corporation, and Parker Hannifin

Exclusively Listed By

Financing By

Listing Price: $2,700,000

Cap Rate
5.05%
Number of Units
60
GRM
5.23
Occupancy
92.0%
Price/Unit
$45,000
Price/Gross SF
$72.80
Gross SF
37,088

Investment Highlights

  • Priced Below $50,000 per Unit
  • Owned and Managed by Local Private Family
  • Current Rents Over $100 Below Competing Properties
  • Attached Garage Parking Space for All Units
  • Less than 10 Minutes from Three Major Hospitals – University Hospitals Ahuja Center, Cleveland Clinic Marymount Hospital, and Cleveland Clinic South Pointe Hospital
  • Less than 20 Minutes from Three Fortune 500 Headquarter's: Progressive Insurance, Eaton Corporation, and Parker Hannifin

Investment Overview

Marcus & Millichap is pleased to present The Saxony, 60 units in Maple Heights, Ohio.

Exclusively Listed By

Financing By

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