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Village Garden Apartments 1620 12th St SE 41 Unit Apartment Building $1,750,000 ($42,683/Unit) 5.64% Cap Rate Canton, OH 44707

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EXECUTIVE SUMMARY

Project based Section 8 property.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $1,750,000
Price Per Unit $42,683
Sale Type Investment
Cap Rate 5.64%
Gross Rent Multiplier 4.42
No. Units 41
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Garden
Building Class C
Lot Size 4.66 AC
Building Size 32,606 SF
Average Occupancy 100%
No. Stories 1
Year Built 1941

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 20 - -
2+1 21 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00238915
Land Assessment
$72,520
Improvements Assessment
$159,460
Total Assessment
$231,980
  • Listing ID: 38691145

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 1620 12th St SE, Canton, OH 44707

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