Business Overview

Welcome to the 1900 Euclid Ave Lofts, a modernized piece of Cleveland’s history that still features the original marble floors and decorative crown moulding of the past. Its located in the heart of Downtown Cleveland, just steps from the CSU campus and walking distance to the Playhouse Square district. It consists of 17- 2 story townhomes, 28 -1bed, 28- 2bed, 7 studios and 3 retail units. Its prime location, loft style units and amenities such as in-suite laundry and a/c, a fitness center with sauna and tanning, underground parking with key fob access and an on site mini mart and a restaurant (courtesy of the retail tenants) make this building desirable to locals, tenants and students alike. A new trash compactor was just installed and a new roll roof is being installed on the courtyard prior to closing. All vacant units will be delivered rent ready making this truly turnkey investment with a net income north of $700k/year! Seller has several other multifamily apartments to sell and is open to portfolio offers. This is the largest.


Seller Financing Available

  • Asking Price: $12,400,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1912

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:113,402
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A