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1477-1505 S Hawkins Ave
Akron, OH 44320
Summa Health Anchored Multi-Tenant Strip · Multifamily Property For Sale
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50 Units
Investment Highlights
- Summa Health, which occupies nearly 12,000 square feet, has a credit rating of BBB+ from Fitch and is one of the market-leading healthcare providers.
- Akron area employs over 325,000 people, and the healthy job market is projected to grow at least 4.2% by 2030.
- Boasts strong real estate fundamentals, with a signalized hard-corner location, multiple points of access, and strong surrounding demographics.
- 5-mile population surrounding the property contains over 189,000 residents as Akron is the fifth-most populous city in Ohio.
- Within close proximity to major retailers such as Aldi, McDonald's, Family Dollar, Taco Bell, Subway, Burger King, Planet Fitness, Target, and more.
- Site is near downtown Akron and major landmarks, including The University of Akron, the Akron Zoo, and the Summa Health Campus.
Property Facts
| Sale Condition | Auction Sale | Lot Size | 0.93 AC |
| Type of Ownership | Fee Simple | Building Size | 115,000 SF |
| No. Units | 50 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1958/2011 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.43/1,000 SF |
| Building Class | C | Parcel Number | 67-63372 |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 115,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1958/2011 |
| Parking Ratio | 0.43/1,000 SF |
| Parcel Number | 67-63372 |
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