Windward Place Apartments For
For Sale
Contact for pricing
Pending
18051 Lakeshore Blvd, Cleveland, OH 44119
21-unit apartment building near Lake Erie in Cleveland.
Property Size17,727 SF
Days on Market183
Property Features for 18051 Lakeshore Blvd
General Information
Standard status
Pending
Size
17,727 SF
Property subtype
Multifamily
Building Details
Year Built
1962
Listing Agency:
Adams Lynch Associates
Listed By:
Nick Soeder · License #BRKP.2011002507
Source:
Crexi
Added: Feb 3
Changed: Jul 6
Last Checked: Aug 2 at 2:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adams Lynch Associates
Investment Insights
Based on property information with market context.
Windward Place Apartments features 21 one-bedroom, one-bathroom units. The property is located one block from Lake Erie on Cleveland’s Lakeshore Boulevard. The building is well-maintained and offers an opportunity to own property in a convenient and popular submarket. The property size is 17727 square feet. The average rent is currently $733 per month.
Key Highlights
- Prime location: Just one block from Lake Erie on Cleveland’s Lakeshore Boulevard.
- Immediate cash flow: Currently generating income with average rent at $733 per month.
- Strong income growth potential: Rents are over 10% below market rates, offering opportunity to increase revenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 44119, OH
12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 21-unit apartment building near Lake Erie in Cleveland.
Where is this apartment building located?
The property is located at 18051 Lakeshore Blvd Cleveland, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location: Just one block from Lake Erie on Cleveland’s Lakeshore Boulevard.; Immediate cash flow: Currently generating income with average rent at $733 per month.; Strong income growth potential: Rents are over 10% below market rates, offering opportunity to increase revenue.
