801-805 E Exchange St | Akron, OH 44306
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801-805 E Exchange St
Akron, OH 44306
East Exchange Apartments · Multifamily Property For Sale · 8 Units
Investment Highlights
- 6 of the 8 units have been recently Cosmetically Freshened Up
- Stable Turn-Key Investment with no deferred maintenance and needing very little management
- Located .6 miles from the 15,000 Student, University of Akron
- 10.14% Projected Cap w/8% Management and Real Estate Tax Adjustment
- Tenant Paid Utilities
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,376 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1926/2021 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 0.21 AC |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 5,376 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2021 |
| Parking Ratio | 1.49/1,000 SF |
Unit Amenities
- Balcony
- Security System
- Hardwood Floors
- Double Pane Windows
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $700.00 | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $59,140 | |
| Land Assessment | $10,812 | Total Assessment | $69,952 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$10,812
Improvements Assessment
$59,140
Total Assessment
$69,952
zoning
| Zoning Code | Multi-Family |
| Multi-Family |
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