1426 E 115th Street, Cleveland, OH 44106

Property Description

Commercially zoned vacant land (land use low density apartment) located in a prime area less than a 5 minute walking distance from Case Western Reserve University. Land is also within a few minutes driving distance from University Hospital's main campus, and Cleveland Clinic's main campus. This lot offers an excellent opportunity for a variety of potential commercial uses in a high-demand location surrounded by major medical institutions, universities, and ongoing development. Convenient access to major roads, hospitals, and university amenities. Average student rental rate for a 2 bedroom unit ranges from $1150-$2000 a month making this an opportunity to build a high CAP rate asset in sustainable and rapidly appreciating area!