12308 Mayfield Road

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12308 Mayfield Road

Cleveland, OH 44106
Asking Price
Contact for price
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Retail | 51,743 SqFt <ul><li>​Prime Location Along Mayfield Road Located along Mayfield Road, the property offers excellent visibility and access to retail, dining, and transportation hubs. With direct connectivity to Interstate 271 and proximity to University Circle's top employers, the property is positioned for consistent demand and future growth.</li><li>​Stable, In-Place Cash Flow La Collina generates reliable cash low with 32 apartments and two amenity F+B retail operators. Since the property's development, oc

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times