1326 Pontiac Avenue, Akron, OH 44307

Property Description

Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio. 618 Sanford Ave Akron, OH 44305 Parcel # 6806648 1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710 1145 Brown St Akron, OH 44301 Parcel # 6709487 785 Bellevue Ave Akron, OH 44307 Parcel # 6803711 1198 Easton Dr Akron, OH 44310 Parcel # 6832808 549 Garry Rd Akron, OH 44305 Parcel # 6801556 1123 Coventry St Akron, OH 44306 Parcel # 6746729 1326 Pontiac St Akron, OH 44307 Parcel # 6807318 723 Virginia Ave Akron, OH 44306 Parcel # 6807563 2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133 1951 Faye Rd Akron, OH 44306 Parcel # 6858894 1084 Yukon Ave Akron, OH 44320 Parcel # 6704473