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Property profile & analytics
OFF-MARKET
Commercial real estate

751 Waterloo Rd Akron, OH 44306

Property ID
US66-1833884
Property summary
AI-generated overview

This exceptional investment opportunity presents an 18-unit multifamily property located at 751-761 E Waterloo Rd, Akron, OH 44306. The property comprises two buildings: a 10-unit building featuring one-bedroom apartments, each equipped with air conditioning, and an 8-unit building with two two-bedroom units and six one-bedroom units. All units include one bathroom. Excellent on-site parking is available for residents. The property enjoys a prime location near I-77, providing easy access to shopping, Akron University, Canton, and public transportation. A significant portion of the combined 160x375 foot lot (approximately 375 feet of the rear lot) remains undeveloped, presenting potential for expansion, subject to necessary city approvals and variances. Detailed rent rolls are available upon request, showcasing the current income potential. This Class C property offers a compelling return on investment with its strong tenant base and significant development potential. The asking price is $999,000. Individual unit rental rates vary, with some one-bedroom units renting for $515-$675 and two-bedroom units renting for $595-$675. Detailed unit dimensions are available upon request.

Property profile
Verified
Property type Commercial real estate
UPID US66-1833884
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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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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