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2171 Thurmont Rd - Thurmont/Zahn Townhome Style Apartments 10 Unit Apartment Building Offered at $925,000 at a 6.42% Cap Rate Akron, OH 44313

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Executive Summary

Unique opportunity to acquire 10 townhome style units in Northwest Akron, on the boarder of Fairlawn and Sand Run Park. Residents enjoy on-site parking, in-suite laundry, many interior updates and great access to W. Market St. The property has undergone significant renovations over the past several years. Property can cash flow day 1 and has potential upside through continued interior improvements, RUBS utility bill back program, and simply bringing current rents to market. 10 Unit breakdown: 7 - 3bd/1.5bth and 3 - 2bd/1bth (all townhome style units). This floor plan provides tenants ease of access and privacy not normally found through traditional apartments.

Thurmont_Zahn - OM

Property Facts

Price	$925,000	Apartment Style	Townhome
Price Per Unit	$92,500	Building Size	8,520 SF
Sale Type	Investment	Average Occupancy	100%
Cap Rate	6.42%	No. Stories	2
No. Units	10	Year Built	1962
Property Type	Multifamily Multifamily Apartments

Price	$925,000
Price Per Unit	$92,500
Sale Type	Investment
Cap Rate	6.42%
No. Units	10
Property Type	Multifamily Multifamily Apartments
Apartment Style	Townhome
Building Size	8,520 SF
Average Occupancy	100%
No. Stories	2
Year Built	1962