806 Sherman St | Akron, OH 44311
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- LoopNet Team
806 Sherman St
Akron, OH 44311
10%+ CAP AS-IS | Akron 9-Unit Multifamily · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Tell me where you can find an as-is 10% CAP multifamily right now?! The only one we know of is this Akron 9-Unit Apartment!
- 7/9 UNITS FULLY RENOVATED
- NO OTHER MULTIFAMILY PROPERTIES ON THE MARKET AT THIS AMAZING AS-IS CAP RATE AND QUALITY RIGHT NOW!
- 10%+ CAP AS-IS!!
- HUGE OPPORTUNITY TO INSTALL INDIVIDUAL WATER METERS TO INCREASE BOTTOM LINE
PROPERTY FACTS
| No. Units | 9 | Building Size | 9,418 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built/Renovated | 1920/2022 |
| Building Class | C | Parking Ratio | 3.11/1,000 SF |
| Lot Size | 0.51 AC | ||
| Zoning | U-2 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 9,418 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2022 |
| Parking Ratio | 3.11/1,000 SF |
| Zoning | U-2 |
AMENITIES
UNIT AMENITIES
- Tile Floors
- Stainless Steel Appliances
- Basement
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 67-49724 | Improvements Assessment | $69,440 |
| Land Assessment | $23,310 | Total Assessment | $92,750 |
PROPERTY TAXES
Parcel Number
67-49724
Land Assessment
$23,310
Improvements Assessment
$69,440
Total Assessment
$92,750
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