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Newton House Apartments 2323 Newton St 22 Unit Apartment Building $1,900,000 ($86,364/Unit) 8% Cap Rate Akron, OH 44305
PROPERTY FACTS
| Price | $1,900,000 | Building Class | C |
| Price Per Unit | $86,364 | Lot Size | 0.80 AC |
| Sale Type | Investment | Building Size | 17,944 SF |
| Cap Rate | 8% | Average Occupancy | 95% |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Apartment Style | Garden |
| Price | $1,900,000 |
| Price Per Unit | $86,364 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 17,944 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.17/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 10 | - | 700 |
PROPERTY TAXES
| Parcel Number | 68-54910 | Improvements Assessment | $166,978 |
| Land Assessment | $43,222 | Total Assessment | $210,200 |
PROPERTY TAXES
Parcel Number
68-54910
Land Assessment
$43,222
Improvements Assessment
$166,978
Total Assessment
$210,200
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Newton House Apartments | 2323 Newton St
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