216-264-2048
459-469 Spicer St, Akron, OH for Sale
Apartments - FOR SALE
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459-469 Spicer St
Akron, OH 44311
Downtown Akron


HIGHLIGHTS

  • Owned and self-managed by out of town partnership
  • Strong value-add opportunity featuring 2000’s construction steps away from University of Akron and Downtown
  • Currently 80% occupied despite 95% market occupancy
  • Nearly all units renovated with luxury vinyl plank flooring, new white appliances, and bathroom vanities
  • U of Akron features nearly 15,000 students & over 1,800 employees while boasting the #1 ranked Polymer Science & Polymer Engineering programs
  • Within 1.5 miles of 3 major hospitals – Summa Health (6,200 employees), Akron Children’s Hospital (5,400 employees) and Cleveland Clinic Akron (4,500)

FOR SALE DETAILS

PRICE

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# OF UNITS

45

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spicer Cross

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,721 SF

ZONING

-

APN/PARCEL ID

67-05148,67-22836,68-06815

ASK ABOUT THIS PROPERTY

Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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Michael BarronInstitutional Property AdvisorsMore Info
216-264-2048

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