146-Unit Apartment
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For Sale
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540 E Portage Trail, Cuyahoga Falls, OH 44221
Multifamily property situated in Cuyahoga Falls, Ohio.
Property Size119,112 SF
Days on Market4
Property Features for 540 E Portage Trail
General Information
Standard status
Active
Size
119,112 SF
Property subtype
Multifamily
Occupancy
98%
Additional Details
Multifamily Units
146
Amenities
Owned and Self-Managed by the Family of the Original, Local Developer
Consistently 95 Percent+ Occupied
Many Major Capital Improvements Including Modernized Elevators, Updated HVAC System, Hot Water Boilers and Holding Tanks, as well as Unit Interiors
Value-Add Opportunity through Common Area, Amenity, and Unit Upgrades
Located in Highly Desired Cuyahoga Falls, the 2nd Largest City in Summit County (Over 50,000 Residents)
Situated Directly Off State Route 8 (Over 92,000 Vehicles Per Day)
10 Minutes from Three Major Hospitals Summa Health, Cleveland Clinic, and Children's Hospital
Building Details
Building Size
119,112 SF
Units
146
Listing Agency:
Cleveland Office
Listed By:
Mike Barron, CCIM · License #License(s): OH: 2002021828
(216) 264-2016
Source:
Marcusmillichap
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 26 at 12:42PM
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 Cleveland Office
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Investment Insights
Based on property information with market context.
The property comprises a 146-unit apartment building at 540 E Portage Trail in Cuyahoga Falls, Ohio.
Key Highlights
- 146 apartment units
- Located at 540 E Portage Trail in Cuyahoga Falls, Ohio
Property Analytics
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Lease Details
146
Residential units
Location Intelligence
Trade Area within ½ mile
854
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Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property situated in Cuyahoga Falls, Ohio.
Where is this apartment building located?
The property is located at 540 E Portage Trail Cuyahoga Falls, OH.
What are key features of this property?
This property features: 146 apartment units; Located at 540 E Portage Trail in Cuyahoga Falls, Ohio
