For Sale
For Sale
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Year Built
1972
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Overview
Delta 77 Apartments is an 80-unit, value-add investment opportunity. Built in 1972 and featuring floor plans as large as 740 SF. The property, located in Green, Ohio minutes between Akron and Canton with convenient access to the Akron-Canton Airport as well as I-77 and SR 619. With a very limited supply of apartment communities trading in the Akron area, Delta 77 Apartments, with its 1 and 2-bedroom floor plans and 168 parking spaces including garages and carports, offers investors a great acquisition opportunity in the desirable Green submarket.
Existing Cash Flow with Opportunity for Value Add
2 of 5 Buildings are Individual Utilities
Recent Capital Expenditures to Units
Tax Benefits - $705,000+/- in 1st Year Depreciation
Easy access to I-77/Arlington Road Interchange
Walmart Supercenter, Kohl's, Home Depot within walking distance
Minutes from Downtown Akron or Canton
Easy commute to major employment areas in Akron/Canton
Property Details
80 Unit Value Add Multifamily Opportunity in Green, Ohio
Delta 77 Apartments is an 80-unit, value-add investment opportunity. Built in 1972 and featuring floor plans as large as 740 SF. The property, located in Green, Ohio minutes between Akron and Canton with convenient access to the Akron-Canton Airport as well as I-77 and SR 619. With a very limited supply of apartment communities trading in the Akron area, Delta 77 Apartments, with its 1 and 2-bedroom floor plans and 168 parking spaces including garages and carports, offers investors a great acquisition opportunity in the desirable Green submarket.
Existing Cash Flow with Opportunity for Value Add
2 of 5 Buildings are Individual Utilities
Recent Capital Expenditures to Units
Tax Benefits - $705,000+/- in 1st Year Depreciation
Easy access to I-77/Arlington Road Interchange
Walmart Supercenter, Kohl's, Home Depot within walking distance
Minutes from Downtown Akron or Canton
Easy commute to major employment areas in Akron/Canton
- Property TypeOffice
- Year Built1972
- Total Acres1.24
- Number of Floors2
- ZoningMultifamily
- Property ID2052098