LEE MANOR TOWNHOMES | 4812 Lee Rd
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LEE MANOR TOWNHOMES 4812 Lee Rd
16 Unit Block of Flats £966,525 (£60,408/Unit) Cleveland, OH 44128
Investment Highlights
- Well maintained property owned by private west coast investor
- In-place renovated unit rents average $50-$125 below competitors
- Numerous capital expenditures including substantial unit renovations, new roofs, gutters and downspouts, landscaping, signage, and more
- All two-bedroom 900 SF floor plans
- Individually metered for utilities with in-suite washer/dryer hookups
- Minutes from numerous employment hubs, public transportation, and major thoroughfares including Interstate I-480, I-271, and I-77
Executive Summary
Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
Property Facts
| Price | £966,525 | Building Class | C |
| Price Per Unit | £60,408 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 14,400 SF |
| No. Units | 16 | Average Occupancy | 94% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1939 |
| Apartment Style | Townhome |
| Price | £966,525 |
| Price Per Unit | £60,408 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 14,400 SF |
| Average Occupancy | 94% |
| Number of Floors | 2 |
| Year Built | 1939 |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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PROPERTY TAXES
| Parcel Number | 143-03-013 | Improvements Assessment | £104,661 |
| Land Assessment | £24,057 | Total Assessment | £128,717 |
PROPERTY TAXES
Parcel Number
143-03-013
Land Assessment
£24,057
Improvements Assessment
£104,661
Total Assessment
£128,717
zoning
| Zoning Code | Multi-Family |
| Multi-Family |
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Drew Cerny -
Rob Goldberg -
Jonah Yulish -
Matthews Real Estate Investment Services
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LEE MANOR TOWNHOMES | 4812 Lee Rd
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