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12-Unit Apartment Building
For Sale
$930,000

901 Silver Meadows Blvd, Kent, OH 44240

Three-story multifamily property with a mixed two- and three-bedroom unit layout, individual HVAC systems, and rear parking.

Property Size12,412 SF
Days on Market68

Property Features for 901 Silver Meadows Blvd

General Information

Standard status Active
Size 12,412 SF
Total Parking Spaces 20
Property subtype Multifamily
Net Operating Income $78,382

Units

Unit Mix 11 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 12

Additional Details

Average Monthly Rent $965

Amenities

individual furnace and air conditioning

Building Details

Building Size 12,412 SF
Year Built 1971
Buildings 1
Stories 3
Listing Agency: Adams Lynch Associates
Listed By: Ben Baker
Source: Adamslynch
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 3:26PM

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 Adams Lynch Associates

Investment Insights

Based on property information with market context.

Sheri Court Apartments is a three-story multifamily property containing 12 apartments. The unit mix includes eleven two-bedroom, one-bath apartments and one three-bedroom, one-bath apartment. Each residence has its own furnace and air-conditioning unit. The building features vinyl windows and a pitched asphalt-shingle roof.

Constructed in 1971, the property includes a 20-space asphalt parking area behind the building. Eight furnace and air-conditioning systems have been replaced since 2017. The apartments are located at 901 Silver Meadows Blvd in Kent, Ohio, and the tenant base is predominantly subsidized.

Key Highlights

  • 12 apartments: eleven 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit
  • Three‑story building constructed in 1971
  • 20‑space asphalt parking lot at the rear of the building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Daycare Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 44240, OH

38,354
Population
20,228
Households
1.9
Avg Household Size
32
Median Age
44%
College-Educated
96%
High-School Grad
39.7 sq mi
ZIP Area
966
Density / Sq Mi
$57,415
Median Household Income
$31,613
Median Earnings
$989
Median Rent
$216,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story multifamily property with a mixed two- and three-bedroom unit layout, individual HVAC systems, and rear parking.
Where is this apartment building located?
The property is located at 901 Silver Meadows Blvd Kent, OH.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 12 apartments: eleven 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit; Three‑story building constructed in 1971; 20‑space asphalt parking lot at the rear of the building
More about this property
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