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508 E Buchtel Ave
Akron, OH 44304
Buchtel Place Apartments · Multifamily Property For Sale · 23 Units

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 19,383 SF
No. Stories 3
Year Built 1972
Parking Ratio 1.81/1,000 SF
Zoning MF - Apartment

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet

SITE AMENITIES

  • Laundry Facilities

ABOUT 508 E BUCHTEL AVE , AKRON, OH 44304

The Buchtel Place Apartments is located at 508 East Buchtel Avenue in Akron, Ohio within walking distance to the University of Akron campus and Summa Health's $350 million ongoing hospital expansion. Because of its prime location, Buchtel Place is a perfect choice for both students and non-student tenants. The location near these long-term institutions should allow for strong occupancy and steady rent growth. The property includes one building with 23 units. The unit mix includes 22 one bedrooms and one - two bedroom. Tenants are responsible for the cost of electric, heat, phone and cable while the owner pays for water and sewer. The exterior of the building is brick and the roof is pitched with asphalt shingles. Because there are no interior common areas to clean or maintain expenses should be lower. There is on-site parking and a laundry room with leased coin-operated laundry machines.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 22 $513.00 550
2+1 1 $610.00 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 68-43414
  • 68-43413
Land Assessment
$22,138
Improvements Assessment
$248,994
Total Assessment
$271,132
  • Listing ID: 13291400

  • Date on Market: 7/26/2018

  • Last Updated:

  • Address: 508 E Buchtel Ave, Akron, OH 44304

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