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Updated 18-Unit Apartment Complex
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1175 Southcrest Dr, Akron, OH 44319

Fully occupied 18-unit complex with central air, gas forced air heat, and in-unit washer/dryer hookups.

Property SizeContact for details
Days on Market130

Property Features for 1175 Southcrest Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Hoff & Leigh Colorado Springs
Listed By: John Christoff · License #OH SAL.2005012202
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh Colorado Springs

Investment Insights

Based on property information with market context.

This updated, fully occupied 18-unit apartment complex includes fourteen two-bedroom units and four one-bedroom units. Each unit features a full basement with washer and dryer hookups, as well as central air conditioning and gas forced air heat. Gas and electric services are separately metered and paid by the tenants, and the property is served by county sewer. The apartment buildings are described as being in outstanding updated condition.

The complex is located in New Franklin, directly next to Portage Lakes State Park, which includes a public beach with swimming, along with walking trails and picnic areas.

The unit mix and utilities setup support straightforward resident metering, while the building updates and consistent mechanical features help maintain a uniform living experience across the property.

Key Highlights

  • Fully occupied 18‑unit apartment complex in New Franklin
  • Unit mix: fourteen 2‑bedroom and four 1‑bedroom units
  • Central air conditioning and gas forced air heat in each unit

Property Analytics

Current Use

Excellent Insurance LLC Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 44319, OH

21,833
Population
9,950
Households
2.2
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,781
Median Household Income
$43,662
Median Earnings
$1,081
Median Rent
$188,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 18-unit complex with central air, gas forced air heat, and in-unit washer/dryer hookups.
Where is this apartment building located?
The property is located at 1175 Southcrest Dr Akron, OH.
What are key features of this property?
This property features: Fully occupied 18‑unit apartment complex in New Franklin; Unit mix: fourteen 2‑bedroom and four 1‑bedroom units; Central air conditioning and gas forced air heat in each unit
(330) 760-4494 Call to check price and availability
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