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Offering Summary

  • Address: 16218 Maple Heights Blvd, Maple Heights, OH 44137
  • Units: 60
  • Year Built: 1959
  • Average Unit Size: +/- 618
  • In-Place Average Rent (/SF) $749 ($1.21/SF)
  • Occupancy: 100%

Investment Highlights

• Priced below $50,000 per unit

• Owned and managed by local private family

• Current rents $100 below competing properties
• Attached garage parking space for all units

• Less than 10 minutes from 3 major hospitals - University Hospitals Ahuja Center, Cleveland Clinic Marymount Hospital, and Cleveland Clinic South Pointe Hospital

• Less than 20 minutes from 3 Fortune 500 Headquarters - Progressive Insurance, Eaton Corporation, and Parker Hannifin

Team

Michael Barron

Executive Managing Director
Marcus & Millichap

Daniel Burkons

Executive Managing Director
Marcus & Millichap

Joshua Wintermute

Executive Director
Marcus & Millichap

Charles Gagliano

Senior Managing Director
Marcus & Millichap

William Koontz

Senior Director
Marcus & Millichap