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1884 6th St
Canton, OH 44704
Auction | Hillview Apartments | 71% Occupied · Multifamily Property For Sale
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56 Units
Investment Highlights
- STARTING BID $600,000 | 71% OCCUPIED | AUCTION SEPTEMBER 27-29, 2022
- Unit Mix of (8) 1-Bedrooms, (36) 2-Bedrooms, and (12) 3-Bedrooms
- Current rents are more than 15% below market average
- 56-unit multi-family property spread across (5) 3-story buildings
- ±71% leased in a historically low vacancy rate sub-market creates immediate upside with lease up
- Additional NOI opportunities through RUBS Implementation
Property Facts
| No. Units | 56 | Building Size | 45,528 SF |
| Property Type | Multifamily | Average Occupancy | 71% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1980/2002 |
| Building Class | B | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 3.07 AC | ||
| Zoning | R2 | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.07 AC |
| Building Size | 45,528 SF |
| Average Occupancy | 71% |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2002 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
Property Taxes
| Parcel Numbers | Improvements Assessment | $105,840 | |
| Land Assessment | $4,200 | Total Assessment | $110,040 |
Property Taxes
Parcel Numbers
Land Assessment
$4,200
Improvements Assessment
$105,840
Total Assessment
$110,040
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