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Multifamily

Spicer and Cross Apartments

375 Cross St, Akron, OH 44311

Listing Price: Request For Offer

Number of Units
45
Occupancy
89.0%
Gross SF
33,200

Investment Overview

Marcus & Millichap is pleased to present Spicer and Cross Apartments in Akron, Ohio.

Investment Highlights

  • Owned and Self-managed by Out of Town Partnership
  • Strong Value-add Opportunity Featuring 2000's Construction Steps Away from University of Akron and Downtown
  • Currently 80 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 & 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

Multifamily

Spicer and Cross Apartments

Listing Price: Request For Offer

Number of Units
45
Occupancy
89.0%
Gross SF
33,200

Investment Highlights

  • Owned and Self-managed by Out of Town Partnership
  • Strong Value-add Opportunity Featuring 2000's Construction Steps Away from University of Akron and Downtown
  • Currently 80 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 & 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 Spicer and Cross Apartments in Akron, Ohio.

Exclusively Listed By

Financing By

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