1456 W 110th St, Cleveland, OH

The Mars

Cleveland, OH

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Offering Summary

  • Address: 1456 W 110th St, Cleveland, OH 44101
  • Units: 12
  • Year Built / Renovated: 1925 / 2019-2024
  • Average Unit Size: +/- 963
  • In-Place Average Rent: $1,016 ($1.06/sf)
  • Occupancy: 100%

Investment Highlights

∙ Major recent capital improvements – roof (2019), parking lot (2019), electrical system (2021), hot water tanks (2021 & 2023), and gutter system (2023)

∙ 75% of units remodeled

∙ Over $16,000 of annual upside potential through renovating remaining units
∙ Walking distance to Edgewater Park and Lakewood’s Gold Coast

∙ Within 10 minutes of Downtown Lakewood, Gordon Square, Ohio City, and Downtown Cleveland

∙ Within 15 minutes of 3 Major Hospitals – Cleveland Clinic Lakewood Health Center & Cleveland Clinic Fairview Hospital, and MetroHealth Medical Center

Location Map

Team

Michael Barron

Executive Managing Director
Marcus & Millichap
216-264-2016

Daniel Burkons

Executive Managing Director
Marcus & Millichap
216-264-2018

Joshua Wintermute

Executive Director
Marcus & Millichap
216-264-2028

Charles Gagliano

Senior Vice President Investments
Marcus & Millichap
(216) 264-2022

William Koontz

First Vice President Investments
Marcus & Millichap
(216) 264-2010
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