Marcus & Millichap Real Estate Investment Services is the listing brokerage for Twelve Thousand Edgewater, a 117-unit multi-family building located in Lakewood, Ohio.
The building, located directly on the shore of Lake Erie, is 100 percent leased with an average rent of $1,186. It is also located close to the nightlife in Lakewood and Cleveland.
This is the first time that the property has been offered for sale. It boasts a swimming pool, garage and fitness center.
Marcus & Millichap’s Michael Barron, Daniel Burkons and Joshua Wintermute are the listing agents for the property.