South Euclid 42
This South Euclid 42 is an investment opportunity in the stable suburban market of South Euclid, Ohio. Ownership has already done the heavy lifting, investing nearly $400,000 into interior renovations, mechanical systems, roofs, life-safety upgrades, and exterior improvements at the apartments. With major capital improvements substantially complete, new ownership can step in and focus on lease-up, targeting voucher-holding tenants in a market where CMHA two-bedroom rents are trending around $1,604 in 44121. With current average rents at approximately $1,200, the portfolio offers a clear path to meaningful value-add upside.
