Multifamily
Noble Court
2334 Noble Rd, Cleveland Heights, OH 44121
Listing Price: $580,000
Cap Rate
5.19%
Number of Units
8
GRM
5.70
Occupancy
100.0%
Price/Unit
$72,500
Price/Gross SF
$94.62
Gross SF
6,130
Investment Overview
Marcus & Millichap is pleased to present Noble Court.
Noble Court
Investment Highlights
- All Units have been Updated within the Past Three Years
- Strong Historical Occupancy; Currently 100 Percent Occupied
- New Roof (2024) and Parking Lot (2026)
- Tenant Paid Heat and Ability to Submeter Water with Individual Hot Water Tanks in Each Unit
- Ample Parking with Eight Garages and an Additional Seven Parking Spaces
- Conveniently Located less than Five Miles from Cleveland Clinic and University Hospitals, Two of the Region's Leading Healthcare Systems and Major Employment Centers
- Less than 15 Minutes from University Circle and Little Italy, Offering Access to 75 Plus Restaurants, 50 Percent Shops and Small Businesses, and 10 Plus Museums
Exclusively Listed By
Financing By
Listing Price: $580,000
Cap Rate
5.19%
Number of Units
8
GRM
5.70
Occupancy
100.0%
Price/Unit
$72,500
Price/Gross SF
$94.62
Gross SF
6,130
Investment Highlights
- All Units have been Updated within the Past Three Years
- Strong Historical Occupancy; Currently 100 Percent Occupied
- New Roof (2024) and Parking Lot (2026)
- Tenant Paid Heat and Ability to Submeter Water with Individual Hot Water Tanks in Each Unit
- Ample Parking with Eight Garages and an Additional Seven Parking Spaces
- Conveniently Located less than Five Miles from Cleveland Clinic and University Hospitals, Two of the Region's Leading Healthcare Systems and Major Employment Centers
- Less than 15 Minutes from University Circle and Little Italy, Offering Access to 75 Plus Restaurants, 50 Percent Shops and Small Businesses, and 10 Plus Museums
Investment Overview
Marcus & Millichap is pleased to present Noble Court.
Exclusively Listed By
Financing By
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