17-Unit Apartment Complex
Fully Occupied, Brick & Vinyl Exterior
Storage Garages, Off Street Parking
Mogadore, OH, Summit County
Live Auction With Bidding Available
Absolute auction, all sells to the highest bidder on location: 136 North Cleveland Ave., Mogadore, OH 44260
Thursday, March 13, 2025, 12:30 PM
Real estate comprises 17 units, fully occupied, (16) units are one-bedroom, (1) unit is a two-bedroom w/ loft. Good rental history, most all tenants are 55 and over (senior living). Built in 1979 with brick & vinyl exterior, two-story, city utilities. All units have separate utilities, tenants pay their gas & electric. Central coin-op laundry w/ 2 washers, 2 dryers. Current rents total over $110,000 per year. Great investment opportunity! Situated on 1.04 acres with off street blacktop parking (approx. 20 spaces). Summit Co. parcel #5501521. Family owned since 2006. Better take a look! Preview auction day at 10:30 am.
Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
Auction By Order Of: Majek Properties LLC
Auctioneers/Realtors: George P. Kiko, 330.418.1095 or george@kikocompany.com and Eric Bevington, 330.417.5471 or eric@kikocompany.com