Multifamily
Columbus Lofts
2097 Columbus Rd, Cleveland, OH 44113
Listing Price: $1,875,000
Cap Rate
4.85%
Number of Units
11
GRM
9.95
Occupancy
91.0%
Price/Unit
$170,455
Price/Gross SF
$167.62
Gross SF
11,186
Investment Overview
M&M presents the Columbus Lofts in Cleveland, Ohio.
Columbus Lofts
Investment Highlights
- Located in Duck Island, one of Cleveland's oldest yet most trendy infill neighborhoods situated alongside Ohio City, Tremont, and Downtown Cleveland
- Lowest rents of luxury properties in the immediate submarket with current rents $130+ below market
- Property benefits from real estate tax abatement running through 2033
Exclusively Listed By
Financing By
Listing Price: $1,875,000
Cap Rate
4.85%
Number of Units
11
GRM
9.95
Occupancy
91.0%
Price/Unit
$170,455
Price/Gross SF
$167.62
Gross SF
11,186
Investment Highlights
- Located in Duck Island, one of Cleveland's oldest yet most trendy infill neighborhoods situated alongside Ohio City, Tremont, and Downtown Cleveland
- Lowest rents of luxury properties in the immediate submarket with current rents $130+ below market
- Property benefits from real estate tax abatement running through 2033
Investment Overview
M&M presents the Columbus Lofts in Cleveland, Ohio.
Exclusively Listed By
Financing By
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