4
Properties
60
Residential Units
4
Commercial Suites
The Opportunity
Berkadia is thrilled to present the exclusive multifamily offering for The Edgewater Premium Apartments, a distinguished portfolio featuring 4 properties, containing 60 residential units and 4 commercial suites. These properties are nestled in the revitalized, quickly evolving Edgewater neighborhood, on the border of Lakewood and Cleveland, Ohio.
Prime Location
Edgewater Premium Apartments are strategically located between the West Side’s main thoroughfares, Madison and Detroit Avenue. The property is just 1.5 miles from Edgewater Beach and a 10-minute drive to Downtown Cleveland. Residents benefit from a 10-minute walk to the RTA West Boulevard stop, a 5-minute drive to I-90, and a 4-minute drive to OH-2, providing convenient access to Cleveland’s main attractions and employment centers.
Value-Add Opportunity
Ownership has started a light interior renovation strategy, yielding increased returns. A new investor has the opportunity to conduct a full value-add program and greatly increase the performance of the asset. Additionally, the 4 commercial suites offer investors the chance to diversify revenue streams and increase returns.
Property Details
- Property Name
- Address
- City, State, Zip Code
- Units
- Unit Mix
Gallery
Contact Us
Cleveland Office
127 Public Square, Suite 1440
Cleveland, OH 44114
Investment Advisory
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
216.367.2108
[email protected]
OH License #SAL.2025003614
Financing Contacts
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 VanDyke
Associate Director
216.367.2117
[email protected]
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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