45-Units ** Cuyahoga Falls, OH ** Highly Desired Location
Apartments For Sale, OH 44224
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- Price: $2,170,000
- Status: Active
- Agent: Sean Dreznin
- Email: phimojo45@yahoo.com
- Phone:
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Estimate Closing Costs
Estimate Closing Costs- Features
- Interior
- Exterior
- Community
Contact Mike Pappas or Sean Dreznin for detailed data or to discuss.
45 Apartment Units:
- 15 - 1 Bedroom Apts
- 30 - 2 Bedroom Apts
Utilities
Tenant Pays - Electric (Separate Metered)
Owner Pays - Sewer & Water (Hot)
- House Electric
- Gas
Pro Forma
Projected Gross Income.......................$304,500
Vacancy @ 7%..................................$21,000
Expenses @ 50.6%.............................$143,000
Projected NOI................................$140,500
Projected Return...................6.5%
Average Per Mo/Per Unit..................$558
*Detailed Pro Forma Upon Request
*Upside Potential, Great Rental History
COMMENTS:
-Confidential Offering - Do Not Disturb Tenants
-Built 1966
-Through the Wall A/C
APARTMENT FEATURES
- Large Balconies with Water View
- Patios with Sliders
- Dishwashers in Some Suites
- Window Coverings
- 14 Different Floor Plans
- Large Closets
- Foyers
- Dining Areas
COMMUNITY FEATURES
- Great location near Cuyahoga Valley National
Park, Blossom, Cuyahoga Falls, Akron,
Hudson & Stow.
- Minutes from Major Expressways
- Exclusive Boating, Fishing & Beach
- Gazebo
- Extra Storage
- Spectacular Sunset Views
- Laundry Facilities
- Large Courtyards & Bronze Sculpture
- Garden Style Entrances
Additional complexes in same portfolio can be purchased as well. Discuss with Mike Pappas or Sean Dreznin as to detailed information.
45 Apartment Units:
- 15 - 1 Bedroom Apts
- 30 - 2 Bedroom Apts
Utilities
Tenant Pays - Electric (Separate Metered)
Owner Pays - Sewer & Water (Hot)
- House Electric
- Gas
Pro Forma
Projected Gross Income.......................$304,500
Vacancy @ 7%..................................$21,000
Expenses @ 50.6%.............................$143,000
Projected NOI................................$140,500
Projected Return...................6.5%
Average Per Mo/Per Unit..................$558
*Detailed Pro Forma Upon Request
*Upside Potential, Great Rental History
COMMENTS:
-Confidential Offering - Do Not Disturb Tenants
-Built 1966
-Through the Wall A/C
APARTMENT FEATURES
- Large Balconies with Water View
- Patios with Sliders
- Dishwashers in Some Suites
- Window Coverings
- 14 Different Floor Plans
- Large Closets
- Foyers
- Dining Areas
COMMUNITY FEATURES
- Great location near Cuyahoga Valley National
Park, Blossom, Cuyahoga Falls, Akron,
Hudson & Stow.
- Minutes from Major Expressways
- Exclusive Boating, Fishing & Beach
- Gazebo
- Extra Storage
- Spectacular Sunset Views
- Laundry Facilities
- Large Courtyards & Bronze Sculpture
- Garden Style Entrances
Additional complexes in same portfolio can be purchased as well. Discuss with Mike Pappas or Sean Dreznin as to detailed information.
- Type: Multi-Unit Residential for Sale
- Floors: Two or More Stories
- Year Built: 1966
- County: Summit
- City: Cuyahoga Falls
- Utilities: Gas-Sub Metered & Electric - Separate
- Location: Lake Access- View, Swim, Boat, Fish, Private Beach
- Appliances
- Dining Room
- Walk-In Closet
- 14 different floor plans
- Balcony
- Deck/Patio
- Landscaping
- View
- Through the wall A/C
- Additional Storage
- Guest Parking
- On-site Laundry
- Parking Lot
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