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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.

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

Multifamily

Brownstone

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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