19121 Nottingham Rd Cleveland, OH 44110

Building Details

Year Built

1964

Listing agency Cushman & Wakefield CRESCO Real Estate

Listed by Max Ferguson · License #SAL.2024001884

Source Crexi

Added: Feb 25 Updated: Jul 6 at 1:27PM Checked: Jul 21 at 6:26AM

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Investment Insights

Based on property information with market context.

Nottingham Place is a 96-unit apartment community located in Euclid, Ohio. The property presents a value-creation opportunity through improved leasing and operational execution, as the current occupancy of 82% is below submarket levels. Addressing the vacancy through targeted leasing initiatives and enhanced management practices may allow new ownership to drive near-term revenue growth and improve effective income. Nottingham Place is strategically positioned near major employment anchors, including the world headquarters of Lincoln Electric, with convenient access to major interstates, Lake Erie, and Downtown Cleveland, reinforcing long-term renter demand. The property size is 50896 square feet.

Key Highlights

• 96‑unit apartment community.
• Value‑creation opportunity through improved leasing and operational execution to increase occupancy.
• Opportunity to drive near‑term revenue growth and improve effective income.

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FAQs

What type of property is this?

Apartment building - 96-unit apartment community in Euclid, Ohio, with value-add potential.

Where is this apartment building located?

The property is located at 19121 Nottingham Rd Cleveland, OH.

What are key features of this property?

This property features: 96‑unit apartment community.; Value‑creation opportunity through improved leasing and operational execution to increase occupancy.; Opportunity to drive near‑term revenue growth and improve effective income.