12509 Euclid Avenue, Cleveland, OH 44112

Circle East

Cleveland, OH

Click Here for Offering Material

Building

Offering Summary

  • Units: 20
  • Year Built: 2011
  • Average Unit Size: +/-1,300 sf
  • In-place Average Rent: $1,420 ($1.09/sf)
  • Market Rent: $2,510 ($2.64/sf)
  • Occupancy: 95%

Investment Highlights

• 3 minutes from University Circle; home to the main campuses of Cleveland Clinic, University Hospitals and Case Western Reserve University

• Directly across the street from proposed $122M Cleveland Land Bank mixed-use development

• 10 minutes from Cleveland’s CBD
• All 2-bedroom, 2.5 bath townhomes with attached garage

• 1 of only 2 townhome communities in submarket

• In-place rents are $200 - $500 below competitors

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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