Multifamily
Fairmount 66
2756 Hampshire Rd, Cleveland Heights, OH 44106
Listing Price: Request For Offer
Number of Units
66
Occupancy
89.0%
Gross SF
54,566
Investment Overview
Marcus & Millichap is pleased to present the Fairmount 66, a small portfolio of assets in Cleveland Heights, Ohio.
Fairmount 66
Investment Highlights
- Opportunity to Acquire 66-Units in One of Cleveland's Premier Rental Markets
- 81 Percent of Units Have Been Renovated Throughout the Past Three Years (54 of 66 Units)
- Immediate Upside Through Increasing Occupancy and Rents to Market Levels ($200,000 in Potential Revenue Growth)
- Buildings are Located Within 0.7 Miles of Each Other Offering Immediate Economies of Scale
- Steps Away From the Cedar-Fairmount District, Coventry Village, and Little Italy (100+ Restaurants, Shops, and Retailers)
- Five Minutes From the Main Campuses of Cleveland Clinic and University Hospitals (74,000+ Employees)
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Number of Units
66
Occupancy
89.0%
Gross SF
54,566
Investment Highlights
- Opportunity to Acquire 66-Units in One of Cleveland's Premier Rental Markets
- 81 Percent of Units Have Been Renovated Throughout the Past Three Years (54 of 66 Units)
- Immediate Upside Through Increasing Occupancy and Rents to Market Levels ($200,000 in Potential Revenue Growth)
- Buildings are Located Within 0.7 Miles of Each Other Offering Immediate Economies of Scale
- Steps Away From the Cedar-Fairmount District, Coventry Village, and Little Italy (100+ Restaurants, Shops, and Retailers)
- Five Minutes From the Main Campuses of Cleveland Clinic and University Hospitals (74,000+ Employees)
Investment Overview
Marcus & Millichap is pleased to present the Fairmount 66, a small portfolio of assets in Cleveland Heights, Ohio.
Exclusively Listed By
Financing By
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