Multifamily
Sumner Point
406 Sumner St, Akron, OH 44304
Listing Price: Request For Offer
Number of Units
42
Occupancy
76.0%
Gross SF
31,416
Investment Overview
Marcus & Millichap is pleased to present Sumner Point in Akron, Ohio.
Sumner Point
Investment Highlights
- Owned and self-managed by out of town partnership
- Strong value-add opportunity featuring 1994 construction steps away from University of Akron and Downtown
- Currently 76.2% occupied despite 95% market occupancy
- Nearly all units renovated with luxury vinyl plank flooring, new white appliances, and bathroom vanities
- University of Akron features nearly 15,000 students & over 1,800 employees while boasting the #1 ranked Polymer Science & Polymer Engineering programs in the world
- Located within 1.5 miles of three major hospitals – Summa Health (6,200 employees), Akron Children's Hospital (5,400 employees) and Cleveland Clinic Akron General (4,500 employees)
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Number of Units
42
Occupancy
76.0%
Gross SF
31,416
Investment Highlights
- Owned and self-managed by out of town partnership
- Strong value-add opportunity featuring 1994 construction steps away from University of Akron and Downtown
- Currently 76.2% occupied despite 95% market occupancy
- Nearly all units renovated with luxury vinyl plank flooring, new white appliances, and bathroom vanities
- University of Akron features nearly 15,000 students & over 1,800 employees while boasting the #1 ranked Polymer Science & Polymer Engineering programs in the world
- Located within 1.5 miles of three major hospitals – Summa Health (6,200 employees), Akron Children's Hospital (5,400 employees) and Cleveland Clinic Akron General (4,500 employees)
Investment Overview
Marcus & Millichap is pleased to present Sumner Point in Akron, Ohio.
Exclusively Listed By
Financing By
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