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Berkadia is pleased to present the exclusive listing of Memorial Heights for sale to qualified investors, as part of a 3-property portfolio.
Memorial Heights is a 1962-built community located in Brooklyn, a vibrant and conveniently located suburb of Cleveland, Ohio. Positioned just 2 miles from I-480, 6 miles from Cleveland Hopkins International Airport, and 7 miles from downtown Cleveland, this 112-unit property is ideally located near key employment hubs, making it an attractive option for working-class families. Its proximity to major highways and the airport also ensures seamless travel and connectivity for residents.
Memorial Heights represents a classic value-add opportunity, with current and prior ownership demonstrating the success of a straightforward interior renovation program that delivers strong returns on investment. Investors have the chance to complete renovations on the remaining classic units, significantly enhancing the property’s net operating income.
This property stands out in the Brooklyn market due to its excellent location and visibility along a well-traveled corridor, offering residents a desirable combination of convenience, accessibility, and community
West Creek HEIGHTS
MEMORIAL HEIGHTS
SOUTH HILL HEIGHTS
Rob Starrett
Managing Director 440.708.6302 C 216.367.2102 O rob.starrett@berkadia.com DRE License #BRKA.2023000830
Steven Jones
Director 470.383.4349 C 216.367.2118 O steven.jones@berkadia.com DRE License #SAL.2024004939
INVESTMENT SALES
Mark Vogel
Senior Managing Director 216.621.9000 mark.vogel@berkadia.com
MORTGAGE BANKING
CLEVELAND OFFICE
127 Public Square, Suite 1440 Cleveland, OH 44114
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EXECUTIVE SUMMARY
Memorial Heights
8251 Memphis Avenue | Brooklyn, OH 44144
112
UNITS
1962
BUILT
Berkadia is pleased to present the exclusive listing of South Hills Heights for sale to qualified investors, as part of a 3-property portfolio.
South Hills Heights is a 1964-built apartment community located in the historic Old Brooklyn suburb of Cleveland, Ohio. Situated in a prime location just 1 mile from I-480, 7 miles from downtown Cleveland, and 8 miles from Cleveland Hopkins International Airport, this 61-unit property offers convenient access to major employment centers, making it an appealing choice for working professionals and families alike. Its close proximity to key transportation routes ensures easy connectivity for residents.
South Hills Heights presents a compelling value-add opportunity, with current and previous ownership demonstrating the potential of a targeted interior renovation program that delivers strong returns. Investors have the opportunity to complete updates on the remaining classic units, driving significant growth in net operating income.
This property is a standout in the Cleveland market due to its strategic location and accessibility, offering residents a well-balanced mix of convenience, comfort, and community appeal.
EXECUTIVE SUMMARY
4687 Broadview Road | Cleveland, OH 44109
61
UNITS
1964
BUILT
South Hills Heights
Berkadia is pleased to present the exclusive listing of West Creek Heights for sale to qualified investors, as part of a 3-property portfolio.
West Creek Heights is a 1967-built community located in Parma, a culturally rich and convenient suburb of Cleveland, Ohio. Located just over 2 miles from I-480, 8 miles from the Cleveland Hopkins International Airport, and 10 miles from downtown, this 120-unit community is optimally situated near major employment centers to cater to the needs of working class families while also providing residents easy access to the highway systems and airport to meet all travel needs.
West Creek Heights is a quintessential value-add opportunity, as current and past ownership have proven out a simple interior renovation program that yields strong returns on cost. Investors have the opportunity to complete the renovation program on the remaining classic units at the property, materially increasing the net operating income generated by the property.
This property stands out in the Parma market due to its prime location and high visibility off State Rd, and it offers renters with an appealing blend of convenience and community.
EXECUTIVE SUMMARY
6501-6591 State Road | Parma, OH 44134
120
UNITS
1967
BUILT
West Creek Heights
WEST CREEK HEIGHTS
MEMORIAL HEIGHTS
SOUTH HILL HEIGHTS
PHOTO GALLERY
8251 Memphis Ave | Brooklyn, OH
Memorial Heights
4687 Broadview Road | Cleveland, OH
SOUTH HillS Heights
6501-6591 State Road | Parma, OH
West Creek Heights
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.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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Daniel Geuther
Managing Director 216.621.8289 daniel.geuther@berkadia.com
Eric Bevilacqua
Associate Director 216.621.9001 eric.bevilacqua@berkadia.com
MEMORIAL HEIGHTS
South Hills Heights
West Creek Heights
MEMORIAL HEIGHTS
South Hills Heights
West Creek Heights
MEMORIAL HEIGHTS
South Hills Heights
West Creek Heights
MEMORIAL HEIGHTS
South Hills Heights
West Creek Heights
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6501-6591 State Road | Parma, OH
West Creek Heights
Opportunity
Document Center
Photo Gallery
Privacy
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Location
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West CreeK HEIGHTS
Memorial Heights
South Hill Heights
West Creek Heights
Memorial Heights
South Hill Heights
PHOTO GALLERY
Rob Starrett
Managing Director 440.708.6302 C 216.367.2102 O rob.starrett@berkadia.com DRE License #BRKA.2023000830
Steven Jones
Director 470.383.4349 C 216.367.2118 O steven.jones@berkadia.com DRE License #SAL.2024004939
INVESTMENT SALES
Mark Vogel
Senior Managing Director 216.621.9000 mark.vogel@berkadia.com
Daniel Geuther
Managing Director 216.621.8289 daniel.geuther@berkadia.com
Eric Bevilacqua
Associate Director 216.621.9001 eric.bevilacqua@berkadia.com
MORTGAGE BANKING
CLEVELAND OFFICE
127 Public Square, Suite 1440 Cleveland, OH 44114
Visit Doc Center
Contact us
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.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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Berkadia is pleased to present the exclusive listing of West Creek Heights for sale to qualified investors, as part of a 3-property portfolio.
West Creek Heights is a 1967-built community located in Parma, a culturally rich and convenient suburb of Cleveland, Ohio. Located just over 2 miles from I-480, 8 miles from the Cleveland Hopkins International Airport, and 10 miles from downtown, this 120-unit community is optimally situated near major employment centers to cater to the needs of working class families while also providing residents easy access to the highway systems and airport to meet all travel needs.
West Creek Heights is a quintessential value-add opportunity, as current and past ownership have proven out a simple interior renovation program that yields strong returns on cost. Investors have the opportunity to complete the renovation program on the remaining classic units at the property, materially increasing the net operating income generated by the property.
This property stands out in the Parma market due to its prime location and high visibility off State Rd, and it offers renters with an appealing blend of convenience and community.
EXECUTIVE SUMMARY
6501-6591 State Road | Parma, OH 44134
120
UNITS
1967
BUILT
West Creek Heights
Berkadia is pleased to present the exclusive listing of Memorial Heights for sale to qualified investors, as part of a 3-property portfolio.
Memorial Heights is a 1962-built community located in Brooklyn, a vibrant and conveniently located suburb of Cleveland, Ohio. Positioned just 2 miles from I-480, 6 miles from Cleveland Hopkins International Airport, and 7 miles from downtown Cleveland, this 112-unit property is ideally located near key employment hubs, making it an attractive option for working-class families. Its proximity to major highways and the airport also ensures seamless travel and connectivity for residents.
Memorial Heights represents a classic value-add opportunity, with current and prior ownership demonstrating the success of a straightforward interior renovation program that delivers strong returns on investment. Investors have the chance to complete renovations on the remaining classic units, significantly enhancing the property’s net operating income.
This property stands out in the Brooklyn market due to its excellent location and visibility along a well-traveled corridor, offering residents a desirable combination of convenience, accessibility, and community
EXECUTIVE SUMMARY
8251 Memphis Avenue | Brooklyn, OH 44144
112
UNITS
1962
BUILT
Memorial Heights
Berkadia is pleased to present the exclusive listing of South Hills Heights for sale to qualified investors, as part of a 3-property portfolio.
South Hills Heights is a 1964-built apartment community located in the historic Old Brooklyn suburb of Cleveland, Ohio. Situated in a prime location just 1 mile from I-480, 7 miles from downtown Cleveland, and 8 miles from Cleveland Hopkins International Airport, this 61-unit property offers convenient access to major employment centers, making it an appealing choice for working professionals and families alike. Its close proximity to key transportation routes ensures easy connectivity for residents.
South Hills Heights presents a compelling value-add opportunity, with current and previous ownership demonstrating the potential of a targeted interior renovation program that delivers strong returns. Investors have the opportunity to complete updates on the remaining classic units, driving significant growth in net operating income.
This property is a standout in the Cleveland market due to its strategic location and accessibility, offering residents a well-balanced mix of convenience, comfort, and community appeal.
EXECUTIVE SUMMARY
4687 Broadview Road | Cleveland, OH 44109
61
UNITS
1964
BUILT
South Hills Heights
8251 Memphis Ave | Brooklyn, OH
Memorial Heights
4687 Broadview Road | Cleveland, OH
SOUTH HillS Heights
6501-6591 State Road | Parma, OH
West Creek Heights
4687 Broadview Road | Cleveland, OH
SOUTH HillS Heights
8251 Memphis Ave | Brooklyn, OH
Memorial Heights