11100 Detroit Ave Cleveland, OH 44102

Listing Agency Berkadia Real Estate Advisors LLC

Listed by Robert Starrett · License #20230000830

Source Crexi

Added: Mar 27 Checked: Jul 17 at 9:39 am

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Investment Insights

Based on property information with market context.

The Edgewater Premium Apartments portfolio features 4 properties, containing 60 residential units and 4 commercial suites. These properties are located in the Edgewater neighborhood, bordering Lakewood and Cleveland, Ohio, between Madison and Detroit Avenue. The property is 1.5 miles from Edgewater Beach and a 10-minute drive to Downtown Cleveland. Residents have access to the RTA West Boulevard stop (10-minute walk), I-90 (5-minute drive), and OH-2 (4-minute drive). The portfolio includes Detroit Manor at 11100 Detroit Avenue, with 25 residential units and 2 commercial suites; the Deli Building at 11115 Detroit Avenue, featuring 13 residential units and 2 commercial suites; West Edge at 11103 Detroit Avenue, offering 12 residential units; and Minta & Flora at 11029-11031 Detroit Ave, with 10 residential units. Ownership has started a light interior renovation strategy. The 4 commercial suites offer investors the chance to diversify revenue streams and increase returns.

Key Highlights

• Portfolio of 4 properties with 60 residential units and 4 commercial suites offers diversified revenue streams.
• Located in the rapidly developing Edgewater neighborhood, near Lakewood and Cleveland, Ohio.
• Strategic location between Madison and Detroit Avenue, providing easy access to major thoroughfares.

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FAQs

What type of property is this?

Apartment building - Portfolio of 4 properties with 60 residential units and 4 commercial suites.

Where is this apartment building located?

The property is located at 11100 Detroit Ave Cleveland, OH.

What is the asking price?

The asking price for this property is $4,900,000.

What are key features of this property?

This property features: Portfolio of 4 properties with 60 residential units and 4 commercial suites offers diversified revenue streams.; Located in the rapidly developing Edgewater neighborhood, near Lakewood and Cleveland, Ohio.; Strategic location between Madison and Detroit Avenue, providing easy access to major thoroughfares.