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12 Unit Portfolio 12 Properties Offered at $1,744,900 CAD in Akron, OH
INVESTMENT HIGHLIGHTS
- All properties are very well maintained, 87% occupancy, Positive Cash flow
EXECUTIVE SUMMARY
Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio.
618 Sanford Ave Akron, OH 44305 Parcel # 6806648
1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710
1145 Brown St Akron, OH 44301 Parcel # 6709487
785 Bellevue Ave Akron, OH 44307 Parcel # 6803711
1198 Easton Dr Akron, OH 44310 Parcel # 6832808
549 Garry Rd Akron, OH 44305 Parcel # 6801556
1123 Coventry St Akron, OH 44306 Parcel # 6746729
1326 Pontiac St Akron, OH 44307 Parcel # 6807318
723 Virginia Ave Akron, OH 44306 Parcel # 6807563
2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133
1951 Faye Rd Akron, OH 44306 Parcel # 6858894
1084 Yukon Ave Akron, OH 44320 Parcel # 6704473
Contact Listing agent for more details
618 Sanford Ave Akron, OH 44305 Parcel # 6806648
1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710
1145 Brown St Akron, OH 44301 Parcel # 6709487
785 Bellevue Ave Akron, OH 44307 Parcel # 6803711
1198 Easton Dr Akron, OH 44310 Parcel # 6832808
549 Garry Rd Akron, OH 44305 Parcel # 6801556
1123 Coventry St Akron, OH 44306 Parcel # 6746729
1326 Pontiac St Akron, OH 44307 Parcel # 6807318
723 Virginia Ave Akron, OH 44306 Parcel # 6807563
2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133
1951 Faye Rd Akron, OH 44306 Parcel # 6858894
1084 Yukon Ave Akron, OH 44320 Parcel # 6704473
Contact Listing agent for more details
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$222,822
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$222,822
|
| Net Operating Income |
-
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $222,822 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $222,822 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 785 Bellevue Ave, Akron, OH 44307 | Flex | 1,350 SF | 1968 | - |
| 1198 Easton Dr, Akron, OH 44310 | Flex | 1,218 SF | 1951 | - |
| 1145 Brown St, Akron, OH 44301 | Flex | 1,100 SF | 1925 | - |
| 1326 Pontiac Ave, Akron, OH 44307 | Flex | 960 SF | 1957 | - |
| 1123 Coventry St, Akron, OH 44306 | Flex | 960 SF | 1909 | - |
| 618 Sanford Ave, Akron, OH 44305 | Flex | 918 SF | 1928 | - |
| 1084 Yukon Ave, Akron, OH 44320 | Flex | 800 SF | 1951 | - |
| 2541 Edgebrook Ave, Akron, OH 44312 | Flex | 768 SF | 1950 | - |
| 723 Virginia Ave, Akron, OH 44306 | Flex | 740 SF | 1924 | - |
| 1257 Greenwood Ave, Akron, OH 44320 | Flex | 700 SF | 1926 | - |
| 1951 Faye Rd, Akron, OH 44306 | Specialty | 2,656 SF | 1894 | - |
| 549 Garry Rd, Akron, OH 44305 | Specialty | 1,373 SF | 1917 | - |
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