2171 Thurmont Rd - Multi-Family FOR SALE


Akron, OH 44313- Northwest Akron
$925,000 USD
440-572-1200
2171 Thurmont Rd, Akron, OH for Sale
$925,000 USD
Multi-Family - FOR SALE
1/24
null | 6.42% Cap Rate

2171 Thurmont Rd
Akron, OH 44313
Northwest Akron


OVERVIEW

Unique opportunity to acquire 10 townhome style units in Northwest Akron, on the boarder of Fairlawn and Sand Run Park. Residents enjoy on-site parking, in-suite laundry, many interior updates and great access to W. Market St. The property has undergone significant renovations over the past several years. Property can cash flow day 1 and has potential upside through continued interior improvements, RUBS utility bill back program, and simply bringing current rents to market. 10 Unit breakdown: 7 - 3bd/1.5bth and 3 - 2bd/1bth (all townhome style units). This floor plan provides tenants ease of access and privacy not normally found through traditional apartments.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

10

PRICE/UNIT

$92,500

CAP RATE

6.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Thurmont/Zahn Townhome Style Apartments

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Antonio BiasiottaKeller Williams Elevate-StrongsvilleMore Info
440-572-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Antonio BiasiottaKeller Williams Elevate-StrongsvilleMore Info
440-572-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.