Updated Apartment
1469 W Valentine Circle NW, Canton, OH 44708
For Sale
New
$1,150,000
Residents cover their own water, sewer, trash, and other utility costs.
Property Size12,600 SF
Days on Market4
Property Features for 1469 W Valentine Circle NW
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Cutler Real Estate
Listed By:
Sandy Rains · License #2024001114
(951) 972-0719
Source:
Asacoxhomes
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:45PM
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 Cutler Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11-unit apartment building, constructed in 1960, has updated interiors. Improvements include new flooring, refreshed kitchens and bathrooms with granite and tile, and replacement cabinetry. The property is 90% occupied.
Residents pay their own utilities, including water, sewer, and trash.
Residents pay their own utilities, including water, sewer, and trash.
Key Highlights
- 11 apartment units
- 90% occupancy
- Updated flooring, kitchens, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,287
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,740
$1.8M
Cap Rate 7%
$1,318,386
$1.3M
Cap Rate 9%
$1,025,411
$1.0M
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$173.9K $13.80/SF
− Vacancy
−$6.1K −$0.48/SF
EGI
$167.8K $13.32/SF
− OpEx
−$75.5K −$5.99/SF
NOI
$92.3K $7.32/SF
Area
Stark County, OH
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,740
Cap Rate 7%
$1,318,386
Cap Rate 9%
$1,025,411
Alternative Uses
Best Use
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,287 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.29M
$2.88M – $3.84M
NOI $230,281 @ 7.0% cap · market cap 20.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
11
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 44708, OH
25,386
Population
11,758
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
93%
High-School Grad
10.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$60,159
Median Household Income
$37,217
Median Earnings
$926
Median Rent
$164,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents cover their own water, sewer, trash, and other utility costs.
Where is this apartment building located?
The property is located at 1469 W Valentine Circle NW Canton, OH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 11 apartment units; 90% occupancy; Updated flooring, kitchens, and bathrooms
