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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

Apartment Buildings Ohio Canton 1620 12th St SE, Canton, OH 44707

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Executive Summary

Project based Section 8 property.

Attachments

Site Plan

Data Room Click Here to Access

  • Operating and Financials

Property Facts Under Contract

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

Property Taxes

Parcel Numbers
Multiple
  • 00238915
  • 00238725
 Improvements Assessment $211,720
Land Assessment $127,720 Total Assessment $339,440

Property Taxes

Parcel Numbers
Multiple
  • 00238915
  • 00238725
Land Assessment
$127,720
Improvements Assessment
$211,720
Total Assessment
$339,440
(330) 904-1174

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 38691145

  • Date on Market: 12/8/2025

  • Last Updated:

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

More public record information on 1620 12th St SE, Canton, OH 44707

The Outer Canton Multifamily Property at 1620 12th St SE, Canton, OH 44707 is currently available. Contact PMI REM for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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1620 12th St SE, Canton, OH for sale Primary Photo- Image 1 of 2
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Village Garden Apartments | 1620 12th St SE
(330) 904-1174 x

Village Garden Apartments | 1620 12th St SE

Gary Duvall
(330) 904-1174

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