Creekside Apartments

5265 E 126th Street, Garfield Heights, OH 44125

Creekside Apartments 

Update 4 - Nov 2023

Progress Photos

PROGRESS SUMMARY AS OF 11/10/23

  • 33 units turned by mid-November with another 8 planned by end of 2023. There have been 18 new move ins at or above market rate, 3 boilers replaced with 4 more scheduled for install by end of 2023. Parking lot resurfacing was completed and looks stunning. Landscaping install phase 1 completed. There are 19 of 36 exterior/common area doors replaced with 12 new entryway canopies. This complex is really transforming!

Update 3 - Sept 2023

Progress Photos

PROGRESS SUMMARY AS OF 8/21/23 AND LIST OF PLANNED ACTIVITY 30-45 DAYS

  • Mechanicals - Boilers - 2 boilers replaced and 10 cleaned & inspected 
  • Mechanicals - Plumbing - Several leaks stabilized including underground repairs/supply replacements
  • Mechanical - Laundry - All 24 machines replaced with electronic reader units 
  • Commons - Hallways painted, LED lighting, 19 entry doors completed
  • Commons - Entry Doors - 19 currently being replaced on or before 6/23 
  • Hallway flooring - Quotes in process for August replacement
  • Entryway redesign - All 12 overhangs rebuilt 
  • Landscaping - Clean up/tear out with entryway beds installed
  • Landscaping - Picnic area materials/design to be finalized by Q4 2023 for install Q2 2024
  • Asphalt - full parking/drive replacement completed
  • Unit Turns - we'll be completing #27- #33 in September 2023
  • Commons - Hallway flooring planned for October 2023
  • Rebranding - New sign installed Tinkers Creek is now called Creekside

Leasing Activity

  • 11 new tenants at above market rate with an additional 5 applications in review

Update 2 - June 2023

Progress Photos

PROGRESS SUMMARY AS OF 6/7/23 AND LIST OF PLANNED ACTIVITY 30-45 DAYS

  • Mechanicals - Boilers - 3 boilers replaced and 9 cleaned & inspected
  • Mechanicals - Plumbing - Several leaks stabilized including underground repairs/supply replacements
  • Mechanical - Laundry - All 24 machines replaced with electronic reader units 
  • Commons - Hallways painted, LED lighting, 19 entry doors on order for install
  • Commons - Entry Doors - 19 currently being replaced on or before 6/23 
  • Hallway flooring - Quotes in process for August replacement
  • Entryway redesign - All 12 overhangs rebuilt 
  • Landscaping - Phase 1 cleanup completed - Phase 2 of 3 scheduled for late June - install
  • Landscaping - Picnic area design in process for install late July
  • Asphalt - full parking/drive replacement scheduled for week of July 17th
  • Unit Turns - 9 completed - 6 punch list phase complete by 6/13 - 8 additional units to be completed by July 14th

Leasing Activity

  • 3 new tenants at above market rate 
  • Several applications in review process

Update 1 - Mar 2023

Progress Photos

PROGRESS SUMMARY AS OF 3/23/23 INCLUDING 30 DAYS PLANNED ACTIVITY

  • Mechanicals - Boilers - 2 boilers replaced, 2 planned for replacement, 8 cleaned & inspected
  • Mechanicals - Plumbing - Several leaks stabilized including underground repairs/supply replacements
  • Mechanical - Laundry - 24 units on order for install late April 
  • Commons - Hallways painted, LED lighting, 19 entry doors on order for install 
  • Security & Lighting - system upgrade & common lighting LED install April 2023
  • Hallway flooring - projected for May 2023
  • Entryway redesign - submission to city April 2023 for outside door & overhang
  • Landscaping cleanup & install - April 2023
  • Asphalt work - new drive, parking, and drainage - 3 phase projected Q2 & Q3

Financial Highlights

  • Rent increase impact on first 10 units - blended average per door $173
  • Full reports available Mid April 2023

Address

5265 E 126th Street, Garfield Heights, OH 44125

Property Type

Apartments 


Units

96

Year Built

1962

Acquired

12/15/2022

Shares Available

12

Tinkers Creek Apartments 

5265 E 126th Street, Garfield Heights, ,OH 44125

USA

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