Euclid Apartments
A multifamily property in Euclid, Ohio. Securitized in 1 CMBS deal in 2024.
$77.0MAppraised value (latest deal)
95.1%Occupancy
$6.6MUnderwritten NOI
8.6%Implied cap rate
- Address
- 27181 Euclid Avenue, Euclid, OH 44132
- Property type
- Multifamily · Garden
- Year built
- 1968
- Size
- 738 Units
- Sponsor
- MD Khaled Noor
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| WFCM 2024-5C2 | 2024-11-19 | $77.0M | 95.1% | $6.6M | 8.6% | $10.0M | 68.8% | 1.69x | 424B |
Historical NOI reported in WFCM 2024-5C2
| Period ending | NOI |
|---|---|
| 7/31/2024 | $6.3M |
| 12/31/2023 | $6.1M |
| 12/31/2022 | $5.9M |
More CMBS properties in Ohio →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.