Our Properties
Adams Lynch Associates is pleased to exclusively represent the following investments for sale. Please review the information and contact us to discuss your investment goals.
Our Properties
Adams Lynch Associates is pleased to exclusively represent the following investments for sale. Please review the information and contact us to discuss your investment goals.
Our Properties
Parkview Apartments
17545 Madison Ave, Lakewood, OH 44107
Overview
| Price: | N/A |
|---|---|
| Number of Units: | 30 |
| Building Size: | 36,094 SF |
| Property Type: | Multifamily |
| Total Lot Size: | 0.36 Acres |
| Year Built: | 1925 |
Highlights
- Classic Lakewood Property in Highly Desirable Location
- Over $250,000 in Recent Capital Improvements
- Updated Suites with New Roof (2017) and Windows (2016)
- Strong Historical Occupancy
- On Site Parking
Description
The Parkview Apartments offers an investor the rare opportunity to obtain an updated and cash flowing property near the West End of Lakewood. The property consists of 14 One Bedroom Suites, 15 Two Bedroom Suites, and One Studio Siutie with refinished hardwood floors, large closets, and crown molding. Over the last seven years, the owner has invested over $250,000 in updating and improving the property. The property offers 14 garage parking spots and ample street parking is available. Upside exists for an investors to continue to bring rents in line and improving cashflow. Parkview is a one of a kind investment located on the edge of Western Lakewood.
Location
The Parkview Apartments are located on the West End of Lakewood near the corner of Rocky River Dr and Madison Ave. The property overlooks the Cleveland Metroparks Rocky River Reservation and is minutes from shopping, dining, and nightlife of the neighborhood.
Contact Broker
Nick Soeder
Principal Broker
Adams Lynch Associates
| Office | 216.862.5616 |
|---|---|
| Fax | 216.916.4864 |
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Get in Touch
Multifamily investments are unique assets with a distinctive investor pool and we have the market knowledge and experience necessary. When you choose to work with us, you are working directly with an experienced broker who will deliver results.
Mailing Address
Adams Lynch Associates
1468 W. 9th Street
Suite 100
Cleveland, OH 44113