Multifamily
Brownstone
409 Brown St, Akron, OH 44311
Listing Price: $1,725,000
Cap Rate
8.45%
Number of Units
24
GRM
6.17
Occupancy
96.0%
Price/Unit
$71,875
Price/Gross SF
$78.77
Gross SF
21,899
Investment Overview
Marcus & Millichap is pleased to present Brownstone, 24 units in Akron, Ohio. Please contact the listing team for more information.
Brownstone
Investment Highlights
- Owner and Third-Party Managed by Local, Private Investor
- Stable, Cash-Flowing Property with Upside Through Increased Rents
- Ideally Located Across the Street from University of Akron (14,000+ enrollment)
- Less Than Two Miles from Three Major Hospitals: Summa Health, Cleveland Clinic Akron General, and Akron Children's
Exclusively Listed By
Financing By
Listing Price: $1,725,000
Cap Rate
8.45%
Number of Units
24
GRM
6.17
Occupancy
96.0%
Price/Unit
$71,875
Price/Gross SF
$78.77
Gross SF
21,899
Investment Highlights
- Owner and Third-Party Managed by Local, Private Investor
- Stable, Cash-Flowing Property with Upside Through Increased Rents
- Ideally Located Across the Street from University of Akron (14,000+ enrollment)
- Less Than Two Miles from Three Major Hospitals: Summa Health, Cleveland Clinic Akron General, and Akron Children's
Investment Overview
Marcus & Millichap is pleased to present Brownstone, 24 units in Akron, Ohio. Please contact the listing team for more information.
Exclusively Listed By
Financing By
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