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West Park Lofts Apartment Building

4027 Rocky River Dr, Cleveland, OH 44135

For Sale
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Apartment property located in Cleveland, Ohio.

Property Size18,300 SF
Days on Market51

Property Features for 4027 Rocky River Dr

General Information

Standard status Active
Size 18,300 SF
Property subtype Multifamily
Occupancy 100%

Site & Location

Neighborhood Puritas-Longmead

Amenities

Owned, Managed and Repositioned by Local Company
100 Percent of Units and Common Areas Renovated between 2023-2025
All Windows and Roofs were Replaced Approximately 12 Years Ago; Newer Driveway and Parking Lot in 2024
In-Place Rents $100 - $250 Below Market
Located in the Heart of West Park just Minutes from Kamm's Corners and a Half Mile from Cleveland Clinic Fairview Hospital (Over 2,600 Employees)

Building Details

Building Size 18,300 SF
Units 28
Listing Agency: Cleveland Office
Listed By: Mike Barron, CCIM · License #License(s): OH: 2002021828
Source: Marcusmillichap
Added: Sep 18 Changed: Nov 4 Last Checked: Nov 6 at 5:02AM

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 Cleveland Office

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Investment Insights

Based on property information with market context.

West Park Lofts is an apartment building at 4027 Rocky River Dr in Cleveland, Ohio. The property is identified as a multifamily residential asset.

Key Highlights

  • Apartment building in Cleveland, Ohio
  • Located at 4027 Rocky River Dr
  • Named West Park Lofts

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 44135, OH

26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Cleveland, OH

$50.24 Jul
$65.3 Aug
$96.3 Sep
$91.08 Oct

Properties on Market for Apartment buildings in Cleveland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property located in Cleveland, Ohio.
Where is this apartment building located?
The property is located at 4027 Rocky River Dr Cleveland, OH.
What are key features of this property?
This property features: Apartment building in Cleveland, Ohio; Located at 4027 Rocky River Dr; Named West Park Lofts
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