Newer/Higher-End Developments

Table 25: Summary of Rents for Buckeye Rental Housing Complexes, 11/2021

New

Address Type Rent Size Rent/SF Availability (11/21) 121 Larchmere Studio $995-$1,150 535 SF $1.86-$2.15 0 1 Bedroom $1,525-$2,190 698-1,217 SF $1.80-$2.18 0 2 Bedroom $2,150-$2,425 1,033-1,037 SF $2.08-$2.34 2

Mikros on Larchmere 1 Bedroom $1,425-$1,599 476-563 SF $2.84-$2.99 0

Shaker University Apartments

Studio $515 460 SF $1.12 0 1 Bedroom $565-$600 600 SF $1.50 0

Established

The Vista at Shaker Square

Studio $531-$855 400 SF $1.33-$2.14 1 1 Bedroom $639-$1,047 500-820 SF $1.28 1 2 Bedroom $750-$1,226 820 SF $0.91-$1.50 0 Van Aken Court Studio $580 323 SF $1.80 0 1 Bedroom $695 668 SF $0.90-$1.00 0

The Residences at Shaker Square

Studio $481-$756 400 SF $1.20-$1.89 0 1 Bedroom $695-$1,126 500 Sf $1.39-$2.25 1 2 Bedroom $837-$1,348 800 SF $1.35-$1.69 1

Shaker House & Cormere Apartments

Studio N/A 357-500 SF N/A 0 1 Bedroom $744 575-725 SF $1.07-$1.29 0 2 Bedroom $1,109 900-1,231 SF N/A-$0.90 0 3 Bedroom $1,387 N/A N/A 0 Nineteen12 1 Bedroom $699-$1,099 500-1,200 SF $0.92-$1.40 11 2 Bedroom $929-$1,199 750-1,200 SF $1.00-$1.24 16 3 Bedroom $1,199 1,350 SF $0.89 1

Source: Company websites, Apartments.com, Apartmentfinders.com,Urban Partners

Rental pricing can generally be segmented into two groups: the newer, high-end complexes along Larchmere, and the older, more established and modest complexes in the Shaker Square area, which were built in the 1940s and 1950s.

Newer/Higher-End Developments The ‘newer/high-end developments’ include 121 Larchmere and Mikros on Larchmere, both constructed in 2021. 121 Larchmere is a larger mixed-use building with retail and office on the ground floor and 88 residential units. Mikros on Larchmere is a smaller building with just 29 “micro units”, or very small one-bedroom apartments. Rents for the two complexes, representing the top of the rental market in Buckeye, are as follows:

121 Larchmere • Studio units: $995 to $1,150 per month ($1.86 to $2.15 per SF) • One-bedroom units: $1,525 to $2,190 per month ($1.80 to $2.18 per SF) • Two-bedroom units: $2,150 to $2,425 per month ($2.08 to $2.34 per SF)

Mikros on Larchmere • One-bedroom units: $1,425 to $1,599 per month ($2.84 to $2.99 per SF)