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Updated about 7 years ago on . Most recent reply

User Stats

528
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48
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Todd Keith
  • Real Estate Investor
  • Dallas, TX
48
Votes |
528
Posts

UPDATE: Earn $2,600/month or MORE on this Akron Fourplex

Todd Keith
  • Real Estate Investor
  • Dallas, TX
Posted

Fourplex Apartment Building w/below Market Rents

144 West Tallmadge Avenue

Akron, OH 44310

Click Here for Interior/Exterior Photos Available Here

Purchase Price:

$82,000

Cost Per Door: $20,500

Building Class: C

Location Class: C

Number of Units: 4

Style: Two-story, Colonial

Current Occupancy: 100%

Market Cap Rate: 10%

Building Square Footage: 2,040

Land Acreage: .58

Year Built: 1909

Opportunity: Excellent opportunity for an investor to get on board with a stable property with possible value added by reducing expenses, increasing rents, or adding parking. Adjacent land also included in purchase price.  

  • Todd Keith
  • Offering

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