2303 Forestdale Avenue | Cleveland, OH

120 Units | Built 1963

4211-4263 W. 20th St | Cleveland, OH

64 Units | Built 1963

13170 Puritas Avenue | Cleveland, OH 

147 Units | Built 1962

The Brooklyner and Las Colinas Portfolio

Exclusive Multifamily Portfolio Offering

(Can be Acquired Individually)

3 Properties | 331 Total Units

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Brooklyner Opportunity:

Berkadia is delighted to present the exclusive listing of The Brooklyner Portfolio to qualified investors.

This offering features a 1963-built, two-property portfolio located near Old Brooklyn – a vibrant and charming community within Cleveland. Positioned less than a mile from I-71, nine miles from Cleveland Hopkins International Airport, and five miles from downtown, this 184-unit portfolio is strategically located near major employment centers, catering to the needs of working-class families. It also offers residents convenient access to highway systems and the airport, meeting all travel requirements.

The Brooklyner Portfolio represents an outstanding value-add investment opportunity. Previous ownership has effectively demonstrated a straightforward interior renovation program that delivers substantial returns on investment. Investors have the chance to implement this renovation program on the remaining classic units, significantly enhancing the property’s net operating income.

These properties stand out in the Old Brooklyn market due to their prime location and easy access to Pearl Road, providing renters with an appealing blend of convenience and community.

Las Colinas Opportunity:

Berkadia is delighted to present the exclusive listing of Las Colinas, a standout investment opportunity.

Nestled in the Bellaire-Puritas neighborhood of Cleveland, Las Colinas is a 147-unit apartment community built in 1960. The property boasts a prime location just one mile from I-71 and I-480, four miles from Cleveland Hopkins International Airport, and ten miles from Downtown Cleveland, providing excellent access to major employment hubs.

Las Colinas offers promising value-add investment potential. The current owners have conducted some exterior improvements and began a successful interior renovation strategy, showcasing substantial returns. Investors have the chance to modernize the remaining classic units, thereby significantly boosting net operating income.

With its striking curb appeal and proximity to the proposed Cleveland Browns stadium district, Las Colinas provides residents with an appealing mix of convenience, comfort, and community charm. Its strategic location ensures easy connectivity, making it an attractive choice for both professionals and families.

Cleveland Office
127 Public Square, Suite 1440
Cleveland, OH 44114

Investment Sales

Rob Starrett
Managing Director
440.708.6302
[email protected]
OH License #BRKA.2023000830

Steven Jones
Director
470.383.4349
[email protected]
OH License #SAL.2024004939

Patrick Dittoe
Financial Analyst
440.527.1377
[email protected]
OH License # SAL.2025003614

Mortgage Bankers

Mark Vogel
Senior Managing Director
216.621.9000
[email protected]

Daniel Geuther
Managing Director
216.621.8289
[email protected]

Eric Bevilacqua
Associate Director
216.621.9001
[email protected]

Sam Van Dyke
Associate Director
216.367.2117
[email protected]

The Brooklyner and Las Colinas Portfolio

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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