888 Rosamond Ave - Apartments FOR SALE


Akron, OH 44307- Lane-Wooster
$1,560,000 USD
330-329-6904
888 Rosamond Ave, Akron, OH for Sale
$1,560,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

888 Rosamond Ave
Akron, OH 44307
Lane-Wooster


HIGHLIGHTS

  • Well maintained, locally owned and managed
  • New roof '25 and electric panels '25
  • Coin laundry and tons of parking

OVERVIEW

Well-maintained and managed 26 unit building in Kenmore conveniently located a 1-min drive to I-76/77 and a 5-min drive to downtown Akron / University of Akron. Featuring 26 identical 1BR/1BA units. Avg. rent: $640 / mo. Add'l info: Electric radiant heat, new roof ‘23 (asphalt shingle), rear of building waterproofed '24, replaced electric panels in each unit & building main breaker '25, 5 new kitchens installed '24-'26, shared coin laundry room, exterior stairwells, parking lot, and security lights. Showings with accepted LOI and proof of funds / pre approval. Built-in wall AC units. See sister property 899 Rosamond Ave. MLS#5208858. Add'l properties available.

FOR SALE DETAILS

PRICE

$1,560,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

26

PRICE/UNIT

$60,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rosamond

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,488 SF

ZONING

-

APN/PARCEL ID

68-53101

ASK ABOUT THIS PROPERTY

Ryan ShaffereXp RealtyMore Info
330-329-6904

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Ryan ShaffereXp RealtyMore Info
330-329-6904

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