Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Electric, Forced Air, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Additional Parking, Asphalt, Common, Concrete, Covered, Direct Access, Detached, Garage, Gravel, On Site, Off Street, Outside, Shared Driveway, Unpaved

  • Patio and Porch Features

    Patio

  • Pool

    No

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    15.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $11,980,000

  • Tax Amount

    $151,408

  • Zoning

    Multi-Family

  • Sq. Footage

    124,000

  • Price/SqFt

    $96

HOA

  • Association

    No

School District

  • Elementary School

    Wadsworth CSD - 5207

  • Middle School

    Wadsworth CSD - 5207

  • High School

    Wadsworth CSD - 5207

Property Features

  • Sewer

    Public Sewer, Septic Tank

  • Water Source

    Well, Public

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Location

County

Medina

Elementary School

Wadsworth CSD - 5207

Middle School

Wadsworth CSD - 5207

High School

Wadsworth CSD - 5207

Listing Courtesy of Lisa M Schmitt, Berkshire Hathaway HomeServices Stouffer Realty

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Very desirable scattered site portfolio consisting of 158 rental units under 41 roofs along with three vacant lots. Located throughout the greater Akron area and into Wadsworth, this impressive portfolio encompasses an array of styles, is attractive to many different renters and  stays consistently occupied. Gross rents total $1,378,404. Annual expenses are approximately $635,596. Currently there are 4 vacancies. Housing includes:  a private island peninsula, 42 unit building, 22-unit community, 16- unit building, 12-unit building, 9-unit community, 7-unit block, 7 single family homes, 1- quintuplex, 3 quadplexes and 13 duplexes/ twinplexes. These properties are located in pockets of highly sought- after neighborhoods with established high revenue and very low vacancy rates. There are many garage spaces (not used by the Tenants) and various coin- operated laundry machines as added ancillary income. This portfolio generates immediate cash flow and has a long term upside compelling private investors, corporate groups, commercial real estate holdings and individual investors into an impressive acquisition with a single transaction.  86 of the units are 2bd, 65 are 1bd, 6 are 3bd and one is a studio. Additional parcel numbers: 6703228, 6723671, 6733288, 6733289, 6742140, 6742141, 6726936, 6761197, 6762834, 6800459, 6828011, 6854980, 6824202, 6835384, 6809851, 6809854, 6839061, 6838852, 6842468, 6819826, 6801160, 1906872, 1904742, 2200101, 2200805, 1901895, 1901894, 1901898, 1906041, 5109925, 5400854, 5402242, 5400856, 5400546, 5401998. Financials available upon request with a signed NDA.

143 Durling Drive

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