26 E Tallmadge Ave | Akron, OH 44310
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26 E Tallmadge Ave
Akron, OH 44310
Hill Chateau Apartments | 95% Occ. · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- 95% Leased, 60-Unit Multifamily Property Less than 2.5 Miles from the University of Akron and Downtown
- Unit Mix of (12) Studios, (19) 1-Bedrooms, (21) 2-Bedrooms, (7) 3-Bedrooms, and (1) 4-Bedroom
- Substantial Recent Capital Improvements – 10 of 14 Plumbing Stacks Completely Replaced, New Windows for Majority of Units, New Central Boiler, and Man
- 2 Miles from Three Major Hospital Systems – Summa Health System (8,000 employees), Akron Children’s Hospital (5,200 employees), and Akron General (4,5
PROPERTY FACTS
| No. Units | 60 | Building Size | 83,160 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 0.95 AC |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 83,160 SF |
| Average Occupancy | 95% |
| No. Stories | 5 |
| Year Built | 1920 |
| Parking Ratio | 1.05/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Fireplace
- Heating
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
SITE AMENITIES
- Laundry Facilities
- Playground
- Property Manager on Site
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 250 - 283 |
| 1+1 | 20 | - | 503 |
| 2+1 | 34 | - | 750 |
PROPERTY TAXES
| Parcel Number | 67-58954 | Improvements Assessment | $344,743 |
| Land Assessment | $26,184 | Total Assessment | $370,927 |
PROPERTY TAXES
Parcel Number
67-58954
Land Assessment
$26,184
Improvements Assessment
$344,743
Total Assessment
$370,927
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