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12 Unit Portfolio 12 Properties Offered at $1,250,000 in Akron, OH

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Investment Highlights

All properties are very well maintained, 87% occupancy, Positive Cash flow

Executive Summary

Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio.
618 Sanford Ave Akron, OH 44305 Parcel # 6806648
1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710
1145 Brown St Akron, OH 44301 Parcel # 6709487
785 Bellevue Ave Akron, OH 44307 Parcel # 6803711
1198 Easton Dr Akron, OH 44310 Parcel # 6832808
549 Garry Rd Akron, OH 44305 Parcel # 6801556
1123 Coventry St Akron, OH 44306 Parcel # 6746729
1326 Pontiac St Akron, OH 44307 Parcel # 6807318
723 Virginia Ave Akron, OH 44306 Parcel # 6807563
2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133
1951 Faye Rd Akron, OH 44306 Parcel # 6858894
1084 Yukon Ave Akron, OH 44320 Parcel # 6704473
Contact Listing agent for more details

12 Unit Portfolio For Sale List

Taxes & Operating Expenses (Actual - 2024)	Annual
Gross Rental Income	$159,624
Other Income	-
Vacancy Loss	-
Effective Gross Income	$159,624
Net Operating Income	-

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income
Annual	$159,624

Other Income
Annual	-

Vacancy Loss
Annual	-

Effective Gross Income
Annual	$159,624

Net Operating Income
Annual	-

Property Facts

Price	$1,250,000	Status	Active
Price / SF	$92.30 / SF	Number of Properties	12
Sale Conditions	1031 Exchange Bulk/Portfolio Sale	Individually For Sale	0
Cap Rate	9.60%	Total Building Size	13,543 SF
Sale Type	Investment	Total Land Area	0.92 AC

Price	$1,250,000
Price / SF	$92.30 / SF
Sale Conditions	1031 Exchange Bulk/Portfolio Sale
Cap Rate	9.60%
Sale Type	Investment
Status	Active
Number of Properties	12
Individually For Sale	0
Total Building Size	13,543 SF
Total Land Area	0.92 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
785 Bellevue Ave, Akron, OH 44307	Flex	1,350 SF	1968	-
1198 Easton Dr, Akron, OH 44310	Flex	1,218 SF	1951	-
1145 Brown St, Akron, OH 44301	Flex	1,100 SF	1925	-
1326 Pontiac Ave, Akron, OH 44307	Flex	960 SF	1957	-
1123 Coventry St, Akron, OH 44306	Flex	960 SF	1909	-
618 Sanford Ave, Akron, OH 44305	Flex	918 SF	1928	-
1084 Yukon Ave, Akron, OH 44320	Flex	800 SF	1951	-
2541 Edgebrook Ave, Akron, OH 44312	Flex	768 SF	1950	-
723 Virginia Ave, Akron, OH 44306	Flex	740 SF	1924	-
1257 Greenwood Ave, Akron, OH 44320	Flex	700 SF	1926	-
1951 Faye Rd, Akron, OH 44306	Specialty	2,656 SF	1894	-
549 Garry Rd, Akron, OH 44305	Specialty	1,373 SF	1917	-