Overview
- Apartments, Featured
- 1930
Description
Location: 2588-2592 Mayfield Rd, Cleveland Heights, OH 44106
Price Improvement: Now $1,075,000!
Point of Sale Compliant! Certificates attached.
Excellent long term tenant history w/serious upside potential! Turn-key & offered at 8.78% Cap Rate on Current Income and Expenses and 9.80% Cap Rate on Pro Forma!
Ownership has made many recent capital improvements including completely upgraded electrical panels at The Wilroy, rebuilt exterior steel staircase at Elite, new concrete steps (westside Elite entry), new exterior entryway doors, new hot water tanks at Elite, new commercial washer & dryers and numerous flooring and appliances upgrades throughout. Numerous upgrades and renovations to apartment units including a recently remodeled/completely renovated efficiency in the Wilroy.
Property Documents
Address
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Address: 2588 mayfield
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City: Cleveland Heights
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State/county: Ohio
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Zip/Postal Code: 44106
Details
Updated on January 19, 2026 at 2:41 pm-
Price $1,075,000
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Year Built 1930
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Property Type Apartments, Featured
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Property Status For Sale, Pending
