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6001 Woodland Ave
Cleveland, OH 44104 Fairfax

$2,899,000 USD

Apartments For Sale  •  289,327 SF

Property Details

  • Property Type Apartments
  • Total Building Size 289,327 SF
  • Lot Size 3.07 AC
  • Building Class C
  • Year Built 1968
  • Zoning MF4
54 Transit Score
59 Walk Score

Highlights

6001 Woodland Avenue is offered for sale at $10.18/ per square feet, priced well below $9.6M county tax value.
The property presents huge upside as a value-add opportunity to develop remaining vacant space on-site.
The T-Mobile communications rooftop cell tower generates $49,704 in gross annual income.
There is a newer roof and there have been many recent capital improvements with current proactive maintenance and management.
This is a former 285-unit apartment building, and currently 56% of the building is leased to YMCA’s 250-bed Y-Haven Dependency Clinic.
In an Opportunity Zone with possible Tax Abatement, Low Income Housing Tax Credits (LIHTC), Historic Tax Renovation Credits available.*

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Doorman
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Elevator
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 12 min - 4.4 mi
Rockside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 16 min - 8.7 mi
Transit/SubwayDriveWalkDistance
East 55 (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 2 min 18 min 0.8 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 25 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Matthew King 440-552-5858 Green Bridge Real Estate
Matthew King 440-552-5858 Green Bridge Real Estate