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.