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Center Towers 710 White Pond Dr 101 Unit Apartment Building For Sale Akron, OH 44320
Investment Highlights
- 10-Year HAP contract renewed September 2023: long-term stable income
- Capital Improvements Completed with roof completed in phases from 2013 to 2016
- On-site surface parking available for residents.
- Excellent Akron connectivity: convenient access to downtown Akron, major employment centers, and regional transportation corridors.
Executive Summary
Center Towers Apartments is a 7-story apartment community located at 710 White Pond Drive, Akron, Ohio 44320 on Akron's west side near White Pond Drive and West Market Street. The property was built in 1982 and contains approximately 101 apartment units. It is generally marketed as a senior-oriented housing community.
Experience Akron living at Center Towers, where this community has much to offer its residents.
Experience Akron living at Center Towers, where this community has much to offer its residents.
Property Facts
| Sale Type | Investment | Lot Size | 1.98 AC |
| No. Units | 101 | Building Size | 79,072 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1982 |
| Building Class | C | Parking Ratio | 0.44/1,000 SF |
| Zoning | N/Av, Akron | ||
| Sale Type | Investment |
| No. Units | 101 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.98 AC |
| Building Size | 79,072 SF |
| Average Occupancy | 99% |
| No. Stories | 7 |
| Year Built | 1982 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | N/Av, Akron |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 100 | - | 800 |
| 2+1 | 1 | - | 1,025 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 69-00148 | Improvements Assessment | $1,378,012 CAD |
| Land Assessment | $97,121 CAD | Total Assessment | $1,475,133 CAD |
Property Taxes
Parcel Number
69-00148
Land Assessment
$97,121 CAD
Improvements Assessment
$1,378,012 CAD
Total Assessment
$1,475,133 CAD
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Center Towers | 710 White Pond Dr
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