15500 Van Aken Boulevard Shaker Heights, OH 44120
Ashby Arms
Shaker Heights, OH
Offering Summary
- Address: 15500 Van Aken
- City, State, Zip: Shaker Heights, OH 44120
- Units: 15
- Year Built: 1952
- Average Unit Size: +/- 752 SF
- Average In-Place Rent (/SF): $1,069 ($1.42/SF)
- Occupancy: 100%
• In-place rents are $75 to $200 below direct competitors
• Meaningful additional revenue growth through the implementation of parking fees and utility reimbursement program
• More than $243,000 of capital improvements made over the last 5 years
• Located in Shaker Height’s - One of Northeast Ohio’s most desirable inner-ring suburbs
• 4 minutes to Shaker Town Center: Heinens Grocery Store, CVS, Huntington Bank, UPS, Verizon among many other retailers and restaurants
• 2 miles from the Van Aken District, one of the region’s premier lifestyle centers
Team
Michael Barron
Daniel Burkons
Joshua Wintermute
Charles Gagliano
William Koontz
Luke Hadley
Mitchell Coon
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