159-166 Walnut Ter - Apartments FOR SALE


Akron, OH 44303- Highland Square
$925,000 USD
330-673-3400
159-166 Walnut Ter, Akron, OH for Sale
$925,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

159-166 Walnut Ter
Akron, OH 44303
Highland Square


HIGHLIGHTS

  • This fully renovated multi-family property in a quiet, private drive near schools, shopping, and transportation offers investors a turnkey investment.
  • Reduced maintenance costs, and high-quality tenants, with property management and a discounted fee for the new owner.

OVERVIEW

Investors, don't miss out on this rare opportunity to acquire a fully renovated multi-family property in a great location! This property consists of mostly 3 Bdrm., 1 Bath units, updated in 2020 and situated on a private cul-de-sac for a quiet living environment. Conveniently located near schools, shopping, dining, and transportation routes, boasting a strong rental history with potential for increased revenue. It's proximity to essential amenities, enhances tenant appeal and retention making it ideal for investors seeking a turnkey property with strong income potential. Recent renovations have reduced maintenance costs and attracted higher-quality tenants, making this a solid investment opportunity. Property management will continue to be offered and a discounted fee on a one year term for the new owner.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

11

PRICE/UNIT

$84,091

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

U-2

APN/PARCEL ID

67-48600,67-48601

ASK ABOUT THIS PROPERTY

Lisa MazzolaCentury 21 WilburMore Info
330-673-3400

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Lisa MazzolaCentury 21 WilburMore Info
330-673-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.