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Pine Pointe Apartments 501-515 Carpenter St 40 Unit Apartment Building For Sale Akron, OH 44310
Investment Highlights
- Value Add Opportunity
- Near W. Tallmadge Avenue - Main Bus Line
- Area Has Strong Demand for Reasonably Priced Housing
Executive Summary
Receiver Directs Immediate Sale.
Value Add - with LOW HANING FRUIT!
Ideal opportunity for Cash Buyers very familiar with the Akron, Ohio Multi-family market.
Selling "AS-IS / WHERE IS" - transaction will subject to Court Approval
CALL FOR OFFERS: September 18, 2026
** Receiver reserves the right to modify the terms **
Value Add - with LOW HANING FRUIT!
Ideal opportunity for Cash Buyers very familiar with the Akron, Ohio Multi-family market.
Selling "AS-IS / WHERE IS" - transaction will subject to Court Approval
CALL FOR OFFERS: September 18, 2026
** Receiver reserves the right to modify the terms **
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Lot Size | 2.33 AC |
| No. Units | 40 | Building Size | 19,298 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1957 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Zoning | Multi-Family | ||
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.33 AC |
| Building Size | 19,298 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 30 | - | 1 |
| 2+1 | 9 | - | 1 |
| 3+1 | 1 | - | 1 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $686,201 | |
| Land Assessment | $57,002 | Total Assessment | $743,203 |
Property Taxes
Parcel Numbers
Land Assessment
$57,002
Improvements Assessment
$686,201
Total Assessment
$743,203
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
Pine Pointe Apartments | 501-515 Carpenter St