8-Unit Multifamily
509 Zahn Dr Akron, OH 44313
509 Zahn Dr, Akron, OH, 44313
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For Sale
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Pending
An 8-unit apartment property with wall-mounted A/C, washer/dryer hookups, and both street and covered parking.
Days on Market102
Property Features for 509 Zahn Dr
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Waller Group Homes
(214) 818-4109
Listed by
Logan Waller · License #TX 0479147
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:02AM Checked: Jul 21 at 7:02AM
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 Waller Group Homes
Investment Insights
Based on property information with market context.
This 8-unit apartment property in Akron, Ohio is positioned as a value-add investment with 50% occupancy at the time of marketing. The building is equipped with wall-mounted air conditioning units, and each unit includes washer/dryer hookups. Parking is available via both street parking and covered parking.
Under the current management structure, the tenant pays gas and electric, while the owner bills each unit a $50 per month amount to cover water, sewer, and trash. Deferred maintenance noted in the offering includes replacing soffit and cracked or broken plate glass doors and windows, along with repair of a parking lot that is broken and uneven in some areas.
The property is being offered for sale because current ownership intends to reinvest proceeds. The seller’s materials also describe an opportunity to increase rents based on area rent comps.
Under the current management structure, the tenant pays gas and electric, while the owner bills each unit a $50 per month amount to cover water, sewer, and trash. Deferred maintenance noted in the offering includes replacing soffit and cracked or broken plate glass doors and windows, along with repair of a parking lot that is broken and uneven in some areas.
The property is being offered for sale because current ownership intends to reinvest proceeds. The seller’s materials also describe an opportunity to increase rents based on area rent comps.
Key Highlights
- 8‑unit apartment property in Northwest Akron (between Wallhaven and Merriman neighborhoods), currently 50.0% occupied
- Wall‑mounted air conditioning units; all units include washer/dryer hookups
- Parking includes both street parking and covered parking
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FAQs
What type of property is this?
Apartment building - An 8-unit apartment property with wall-mounted A/C, washer/dryer hookups, and both street and covered parking.
Where is this apartment building located?
The property is located at 509 Zahn Dr Akron, OH.
What are key features of this property?
This property features: 8‑unit apartment property in Northwest Akron (between Wallhaven and Merriman neighborhoods), currently 50.0% occupied; Wall‑mounted air conditioning units; all units include washer/dryer hookups; Parking includes both street parking and covered parking
