Green, Ohio property management and general info

8 Replies

Hello Ohians and/or out of staters!

I'm looking to get information on the market in Green (also tagging Akron), Ohio. What can you tell me about it? I thought Akron and Canton were fairly stagnant or slightly contracting, but as I look into Green, it seems to be growing.

Also, looking to get in touch with property managers in that area that can handle 50-100 units. Any recommendations would be greatly appreciated.

Thank you!

I've been through Green a couple of times and am relatively familiar with it. Green is one of those places that just leaches on the wealth of nearby cities and capitalizes on the fact that it is a nearby rural getaway.  You'll find these outposts near any city. That being said, Green is not an independently wealthy area and is naturally tied to both Akron and Canton. So, if your prospect of Akron and Canton is stagnant and/or contracting, maybe it's not the best move. And, if it is contracting, you'd want to follow up with whether it is contracting because people are moving to Green instead of anywhere else. On top of that, you'd want to consider whether that shift in people from Akron to Green is above any natural shift trend from urban to rural. The properties in Green are generally nice, but it sounds like you want a market more like Columbus. There is no doubt that Columbus is doing well and is still projected to continue its success, and the surrounding areas are likely to enjoy that as well.

Green/Uniontown is a great area. (Why I live here!).

Central to the highway, top schools, middle to upper class in most neighborhoods (still a usual amount of apartments and duplexes for a nice suburb).

Perfect location for me as I own properties across Akron and Canton.

@James Galla Thanks for the feedback, those are some really good points you bring up. Sounds like you might disagree regarding Akron and Canton - do you think the area is moving in the right direction?

I guess you would say self-manage.

Cozy makes it so easy to collect and then I have a full time GC who directs subs around to flips, new acquisitions, and then repairs / turns.

Originally posted by @Simcha Davidman :

@James Galla Thanks for the feedback, those are some really good points you bring up. Sounds like you might disagree regarding Akron and Canton - do you think the area is moving in the right direction?

I'm actually a big fan of Akron, however, I don't think that Green makes for the best area to get the highest likelihood of getting the greatest amount of return on your investment. Don't get me wrong, though, because Green has definitely expanded over the past few decades. And, of course it also depends on where you invest in Green. Some areas are definitely rural while other areas are less so, but the overall area is classified as rural if I remember correctly. You'll definitely see a lot of higher value properties in Green but I don't think you'll find the best investments with the same frequency as you would in other parts of the Akron area. As to the Akron areas opportunities, you can see the Goodyear developments in East Akron but over time, folks have moved north and northwest. I think those areas are certainly more likely to experience growth as opposed to the Canton direction, where things get much more rural. There are fantastic oil and gas opportunities in southeast Ohio, though (southeast of Canton).

@Zach Zimmer  I’ve got a property about to close in Green. Could I possibly get your GC’s or another you’d recommend info for an estimate on the work needed on the place?  Thanks!

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