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4225 Middlebranch Ave NE 30 Unit Apartment Building $3,466,100 CAD ($115,537 CAD/Unit) 5% Cap Rate Canton, OH 44705
INVESTMENT HIGHLIGHTS
- Plenty of off-street parking
- New flooring
- Updated units
- Close to Highways, restaurants and shopping
EXECUTIVE SUMMARY
Great opportunity to purchase 30 units in Canton, OH. Well established location Close to I-77, Route 62 and conveniently located near Pro Football Hall of Fame, restaurants including Gervasi Vineyard and shopping. Many units updated with new LVP flooring, new kitchens and baths. Plenty of on-site parking. Long-term professional property management in place. Tenants Pay Electric & a $25 Monthly Sewer Fee. (Electric heat and hot water, no gas on premises) Call today for information.
Investment Highlights
• Plenty of off-street parking
• Updated units
• New flooring
• Close to Highways, restaurants and shopping
Investment Highlights
• Plenty of off-street parking
• Updated units
• New flooring
• Close to Highways, restaurants and shopping
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,466,100 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $115,537 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.88 AC |
| Cap Rate | 5% | Building Size | 22,680 SF |
| No. Units | 30 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1971 |
| Zoning | CH | ||
| Price | $3,466,100 CAD |
| Price Per Unit | $115,537 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.88 AC |
| Building Size | 22,680 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1971 |
| Zoning | CH |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
SITE AMENITIES
- Laundry Facilities
- Pond
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | $1,040 CAD | 700 |
| 2+1 | 6 | $1,380 CAD | 1,100 |
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4225 Middlebranch Ave NE
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