1273-1275 W 9th St, Cleveland, OH 44113
Lofts of West 9
Cleveland, OH
Offering Highlights
- Address: 1273-1275 W 9th St, Cleveland, OH 44113
- Units: 12
- Commercial Square Footage: +/- 5,500 sf
- Years Built / Converted: 1870 / 2018
- Average Unit Size: +/- 1,062 sf
- In-Place Average Rent (/sf) $1,635 / ($1.54/sf)
- Occupancy: 83.3%
Investment Highlights
• $1.2M+ conversion completed in 2018 from vacant warehouse to 12 luxury, loft-style apartments and 5,500 square feet of ground floor commercial space
• Strong organic revenue growth potential - $22,400+ current loss to lease
• Located in the heart of the Warehouse District along W. 9th and within walking distance to all of Downtown Cleveland’s major employers, retailers, trendy neighborhoods, and entertainment districts
• 1 block from Sherwin-Williams brand-new, $300M+, 1-million square foot global headquarters
• Extra-large floorplans with 13 ft ceilings and best-in-class, high-end finishes, appliances and amenity packages – 1,062 sf overall average unit size
• In-suite laundry in all units
• Ground floor retail fully leased through April 2029
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