40-Unit Garden-Style Apartment
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For Sale
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450 Waterside Avenue, Canal Fulton, OH 44614
Garden-style community with a single project-based HUD Section 8 HAP contract.
Property SizeContact for details
Lot Size3.46 Acres
Days on Market5
Property Features for 450 Waterside Avenue
General Information
Standard status
Active
Lot size
3.46 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
40
Building Details
Construction
garden-style
Listing Agency:
SVN Summit Commercial Real Estate Advisors
Listed By:
Nichole Booker, PhD · License #SAL.2018004350
(330) 475-5500
Source:
Crexi
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 11 at 3:00PM
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 SVN Summit Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 40-unit garden-style apartment community occupies a 3.46-acre lakeside parcel in Canal Fulton, Ohio. The property is organized under one project-based Section 8 Housing Assistance Payments contract with HUD, providing a defined framework for the residential units.
Under the contract, each resident contributes an income-based share of the contract rent, while HUD pays the remaining difference. The arrangement applies across all 40 units and supports the property’s federally administered housing structure. The community’s lakeside setting adds a distinct physical characteristic to the 3.46-acre site.
Under the contract, each resident contributes an income-based share of the contract rent, while HUD pays the remaining difference. The arrangement applies across all 40 units and supports the property’s federally administered housing structure. The community’s lakeside setting adds a distinct physical characteristic to the 3.46-acre site.
Key Highlights
- 40‑unit garden‑style apartment community
- 3.46‑acre lakeside parcel in Canal Fulton, Ohio
- Single project‑based Section 8 HAP contract covering all 40 units
Property Analytics
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Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
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Demographics for 44614, OH
12,922
Population
5,961
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
96%
High-School Grad
22.8 sq mi
ZIP Area
567
Density / Sq Mi
$83,143
Median Household Income
$47,580
Median Earnings
$932
Median Rent
$201,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Garden-style community with a single project-based HUD Section 8 HAP contract.
Where is this apartment building located?
The property is located at 450 Waterside Avenue Canal Fulton, OH.
What are key features of this property?
This property features: 40‑unit garden‑style apartment community; 3.46‑acre lakeside parcel in Canal Fulton, Ohio; Single project‑based Section 8 HAP contract covering all 40 units
