Collect $3,960/month OR MORE on this 8 unit Apartment Complex In Akron, OH
Excellent Cash Flowing Property!
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
Now you can own 8 income-producing units through one property purchase!
PRICED TO MOVE QUICKLY: $249,900
This multifamily property offers multiple money-generating strategies:
Great Investment Opportunity!
Great Location: Akron, OH is part of larger Cleveland-Akron-Canton OH Metropolitan Area with a population of 3,500,000+
Current Occupancy: 100%
$33,098 actual annual NOI
Cash on Cash Return on Actuals: 32%
Cap Rate on Actuals: 12%
Two Fortune 500 companies have Head Quarters in Akron
19 min drive to Akron Fulton International Airport
18 min drive to University of Akron(with an enrollment of 27,000 students/year)
30 min drive to Kent State University(with an enrollment of 40,000 students/year)
Excellent Professional Property Management company available
No Seller Financing