Well-Maintained Multifamily
13626-13628 Mogadore Avenue Northwest Uniontown, OH 44685
For Sale
Contact for pricing
Well-maintained multifamily with tenant-paid utilities and HOA-covered exterior services in Uniontown, Ohio.
Property Size11,168 SF
Price / SF$134.31
Days on Market25
Property Features for 13626-13628 Mogadore Avenue Northwest
General Information
- Standard status
- Active
- Size
- 11,168 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing Agency:
NAI Spring
(330) 966-8800
Listed By:
Kelly Sober, CCIM · License #OH SAL.2018003046
Source:
Crexi
Added: Jun 29
Changed: Jul 23
Last Checked: Jul 23 at 11:06AM
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 NAI Spring
Investment Insights
Based on property information with market context.
This offering features a well-maintained multifamily asset positioned for stable, in-place income. The property is described as low-expense, with many units having been refreshed and the buildings showing minimal deferred maintenance.
Operating expense management is supported by tenant-paid utilities and HOA-covered exterior services. The offering also notes that several units are currently below market rent, creating an opportunity for improved revenue performance over time.
The property is located at 13626-13628 Mogadore Avenue Northwest in Uniontown, Ohio.
Operating expense management is supported by tenant-paid utilities and HOA-covered exterior services. The offering also notes that several units are currently below market rent, creating an opportunity for improved revenue performance over time.
The property is located at 13626-13628 Mogadore Avenue Northwest in Uniontown, Ohio.
Key Highlights
- Multifamily property built in 1980
- Tenant‑paid utilities help keep operating expenses low
- HOA‑covered exterior services reduce exterior maintenance expenses
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.1k | $13.80 |
| − Vacancy | −$5.4k | −$0.48 |
| EGI | $148.7k | $13.32 |
| − OpEx | −$66.9k | −$5.99 |
| NOI | $81.8k | $7.32 |
11,168 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M
NOI $81,798 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.92M
$2.55M – $3.40M
NOI $204,110 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Well-maintained multifamily with tenant-paid utilities and HOA-covered exterior services in Uniontown, Ohio.
Where is this multifamily property located?
The property is located at 13626-13628 Mogadore Avenue Northwest Uniontown, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multifamily property built in 1980; Tenant‑paid utilities help keep operating expenses low; HOA‑covered exterior services reduce exterior maintenance expenses
