University Studios | 2901 Euclid Ave
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University Studios 2901 Euclid Ave
160 Unit Apartment Building For Sale Cleveland, OH 44115
Executive Summary
University Studios is located in the Midtown neighborhood of Cleveland and just minutes from the city’s Central Business District to the East and University Circle to the West. Cleveland State University (CSU) and Cuyahoga Community College (Tri-C) are within walking distance. Leaders in the healthcare field such as The Cleveland Clinic, University Hospitals of Cleveland, VA Medical Center, Lutheran Hospital and Saint Vincent Charity Hospital all of whom are within a ten minute commute. University Studios is an Uber or short bike ride to Cleveland's premier entertainment, nightlife, and dining districts including East 4th Street, West 6thStreet, Flats East Bank, along with all three professional sports facilities, Progressive Field, Rocket Mortgage Fieldhouse, and First Energy Stadium as well as CSU’s Wolstein Center. It is also conveniently located one block from Interstate 90, Route 2, and Interstate 77 providing tremendous ease of travel to all eastern and western suburbs.
Property Facts
| Sale Type | Investment | Building Size | 89,136 SF |
| No. Units | 160 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 8 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2022 |
| Apartment Style | Mid Rise | Parking Ratio | 1.22/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.83 AC |
| Sale Type | Investment |
| No. Units | 160 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.83 AC |
| Building Size | 89,136 SF |
| Average Occupancy | 95% |
| No. Stories | 8 |
| Year Built/Renovated | 1964/2022 |
| Parking Ratio | 1.22/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Gated
- Gameroom
- Package Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 147 | - | 320 - 481 |
| 1+1 | 12 | - | 500 - 600 |
| 3+2 | 1 | - | 1,821 |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 103-05-005 | Improvements Assessment | $1,851,988 CAD |
| Land Assessment | $232,741 CAD | Total Assessment | $2,084,729 CAD |
PROPERTY TAXES
Parcel Number
103-05-005
Land Assessment
$232,741 CAD
Improvements Assessment
$1,851,988 CAD
Total Assessment
$2,084,729 CAD
zoning
| Zoning Code | GENERAL COMMERCIAL |
| GENERAL COMMERCIAL |
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University Studios | 2901 Euclid Ave
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