Antastafae Portfolio
3311 Warrensville Center Road, Shaker Heights, OH 44120
Get directions
Executive summary
The Antastafae Portfolio is located in Shaker Heights, Ohio and consists of 6 properties in close proximity to each other. Aristocrat, Golf View, Fairway and Marchmont Terrace are located on Warrensville Center Road; Colton House is located on Chagrin Boulevard; and Moreland Manor is located on Van Aken Boulevard. Within the portfolio, each building has something different to offer. There is a variety of spacious floor plans designed to meet the needs of the community, from cozy one-bedroom to expansive three-bedroom units.
Strategically located, the Antastafae Portfolio benefits from its proximity to the vibrant Van Aken District, which features 22 shopping venues, 20 dining options, and 13 services. The area is well-connected via the RTA System, providing seamless transportation throughout Shaker Heights and easy access to Downtown Cleveland. Residents also benefit from the highly regarded Shaker Heights public school system and the nearby presence of three prominent universities: John Carroll University, Case Western Reserve University, and Cleveland State University.
- Aristocrat Apartments: 3311 Warrensville Center Road, Shaker Heights, OH 44122
- Golf View Manor: 3363 Warrensville Road, Shaker Heights, OH 44122
- Fairway Apartments: 3270 Warrensville Center Road, Shaker Heights, OH 44122
- Marchmont Terrace Apartments: 3310 Warrensville Center Road, Shaker Heights, OH 44122
- Colton House: 20825 Chagrin Boulevard, Shaker Heights, OH 44122
- Moreland Manor: 15715 Van Aken Boulevard, Shaker Heights, OH 44120
BWE Investment Sales, LLC | REC. 2023004124
Photo gallery
Investment highlights
Current rent positioning
Rents at Antastafae are currently under market: - 1-bedrooms: ~$137+ below average - 2-bedrooms: ~$211+ below average
Rental upside & NOI growth
- Rent Repositioning: Aligning rents with market averages could yield $1,600–$2,500+ per unit annually in incremental revenue. - Interior Upgrades: Renovations (e.g., flooring, appliances, in-unit laundry, smart home features) can justify $150–$300/month rent premiums. - Amenity Enhancements: Opportunity to improve Common area improvements (e.g., co-working lounges, fitness, smart technology etc.).
Strategic location & supply constraints
- Van Aken District is a high-barrier-to-entry submarket with a limited new multifamily supply due to high development costs & land scarcity. - Demand Outpaces Supply: Strong renter demand from professionals, medical staff, and downsizing homeowners keeps occupancy high and rent growth resilient. - Transit-Oriented: Direct access to the RTA Blue Line and proximity to University Circle, Cleveland Clinic, and Case Western enhance long-term desirability. - Tenant Demand: The Van Aken District’s walkability, transit access, and lifestyle amenities support premium pricing and strong retention.
Exclusively listed by
Anthony DeMarco
SVP, Investment Sales