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OhioCRE

Marcus & Millichap to sell 117-unit waterfront apartment in Cleveland market

Staff Writer April 5, 2017
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water propertyMarcus & 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.

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