2000 Van Aken Boulevard, Shaker Heights, OH 44120
For sale multifamily property on Van Aken Boulevard in Shaker Heights, suited for residential income ownership.
- Added:
- Jun 2, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 3:36 am
Property Features for 2000 Van Aken Boulevard
General Information
- Standard status
- Active
- Size
- 19,237 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing agent Evan Pannell License #OH 2017005596
Listing office NAI Pleasant Valley (330) 535-2661
Listing date Jun 2, 2026
Source Crexi
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 NAI Pleasant Valley
HighLights
- Multifamily property for sale on Van Aken Boulevard in Shaker Heights, OH 44122
- Built in 1952
Overview
The property is located on Van Aken Boulevard and is identified for sale with a stated list price. No additional details are provided in the available information regarding building configuration, unit mix, or condition.
For buyers seeking a residential income asset, this property may fit a straightforward multifamily ownership strategy, subject to confirming operating details during due diligence. As the listing data does not specify tenancy, expenses, or recent improvements, prospective buyers should review current records and physical condition to evaluate underwriting and fit.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $367.0k | $19.08 |
| − Vacancy | −$21.3k | −$1.11 |
| EGI | $345.8k | $17.97 |
| − OpEx | −$155.6k | −$8.09 |
| NOI | $190.2k | $9.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shaker Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.589244
- Latitude
- 41.48286
