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2004 Noble Rd
East Cleveland, OH 44112

Nela Park Apartments · Residential Property For Sale · 18 Units

Investment Highlights

  • Projected NOI at 100% Occupancy is $39,662 or a 20.98% Cap Rate
  • Property vacant and ready for renovation
  • Owner motivated to sell
  • Located directly across the street from the 92 Acre world operating headquarters of GE Lighting at Nela Park

PROPERTY FACTS

No. Units 18
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 19,916 SF
Number of Floors 3
Year Built 1916
Parking Ratio 0.4/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 15 - -
2+1 3 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
673-19-085
Land Assessment
£20,907
Improvements Assessment
£24,542
Total Assessment
£45,448

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 19681120

  • Date on Market: 26/05/2020

  • Last Updated:

  • Address: 2004 Noble Rd, East Cleveland, OH 44112

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