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 Percent Occupied Despite 95 Percent 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 and Over 1,800 Employees While Boasting the #1 Ranked Polymer Science and 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 Percent Occupied Despite 95 Percent 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 and Over 1,800 Employees While Boasting the #1 Ranked Polymer Science and 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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