Listing Agency: Budget Real Estate NYC INC

Listed By: Inbal Levy · License #NY 10311208049 Show Phone

Source: Crexi

Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 6:07AM

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Investment Insights

Based on property information with market context.

Located at 12702 Gay Avenue in Cleveland, this apartment property comprises five individual units. Renovation is required, making the building a multifamily rehabilitation asset.

Key Highlights

• Five individual residential units
• Renovation required

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

415

Businesses Nearby

Explore this area Business Placement

Demographics for 44105, OH

34,100

Population

17,528

Households

1.9

Avg Household Size

38

Median Age

11%

College-Educated

83%

High-School Grad

8.9 sq mi

ZIP Area

3,831

Density / Sq Mi

$38,294

Median Household Income

$32,389

Median Earnings

$888

Median Rent

$56,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - The property contains five individual residential units in Cleveland.

Where is this apartment building located?

The property is located at 12702 Gay Avenue Cleveland, OH.

What are key features of this property?

This property features: Five individual residential units; Renovation required