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Property profile & analytics
OFF-MARKET
Apartment buildings

0 Canton Oh Canton, OH 44705

Property ID
Property summary
AI-generated overview

This exceptional 22-unit apartment building presents a compelling investment opportunity in Canton, Ohio. Priced at $2,500,000, this Class B multifamily property boasts a strong 10% capitalization rate. Currently operating at 0% vacancy, the property benefits from a professional property management vendor responsible for all day-to-day operations, including rent collection, maintenance requests, tenant issues, utility transfers, and inspections/evictions. A 5% maintenance and property management fee is included in the net operating income (NOI). All 22 units have undergone renovations within the last 6-15 months, ensuring a high-quality tenant experience. The property is fully compliant with City of Canton approvals. An offering memorandum is available upon completion of a non-disclosure agreement. This turnkey investment offers a stable income stream and significant potential for future growth in a desirable Ohio market. Located in Stark County, Ohio, with the address in Canton, OH 44705, this property is strategically positioned for success. The property's strong performance and recent renovations make it an attractive option for investors seeking a reliable and profitable addition to their portfolio. Detailed financial information is available in the offering memorandum.

Property profile
Verified
Property type Apartment buildings
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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