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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 | Lot Size | 0.45 AC |
| Property Type | Multifamily | Building Size | 19,383 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.81/1,000 SF |
| Zoning | MF - Apartment | ||
| 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
| Parcel Numbers |
Multiple
|
Improvements Assessment | $248,994 |
| Land Assessment | $22,138 | Total Assessment | $271,132 |
PROPERTY TAXES
- 68-43414
- 68-43413
Listing ID: 13291400
Date on Market: 7/26/2018
Last Updated:
Address: 508 E Buchtel Ave, Akron, OH 44304
The Downtown Akron Multifamily Property at 508 E Buchtel Ave, Akron, OH 44304 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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