Rare Offering – Well Maintained Townhouse Apartments For Sale

Location – 56 & 66 Lindbergh St. Barberton, OH 44203

Townhouse Apartments For Sale – 56 & 66 Lindbergh St. Barberton, OH 44203 is located just South of Wooster Rd. W on the West side of Lindbergh St. Located in a private setting on a quiet street, the Lindbergh Apartments consist of 2 Bedroom 1 1/2 Bath Townhouse Style apartments.  This well maintained property provides an investor with substantial upside and the ability to improve the property over time.

BONUS LAND – DEVELOP MORE UNITS

This large, 2 Acre Parcel is zoned RM-18 Multifamily with permitted density of 18 Units / Acre. BONUS LAND offers the ability to development more units!  Close proximity to food, shopping, entertainment and more! Rare opportunity to purchase a well maintained, Townhouse style apartment complex, with room to grow in the Greater Akron area.

Property Highlights – 16 Unit Townhouse Style Apartments

• Building Size: 8,048 SF / Building
• Lot Size: 2 Acres
• Unit Size: Approx. 1000 SF
• Unit Config:  2 Bedroom 1 1/2 Bath
• Built: Approx. 1975
• Townhouse Style Apartments
• Ample Parking
• Tenants Pay All Utilities
• Upside Potential Rental Income
• Gross Potential Income @ Market Rents = $141,360
• Ownership also offering twinplex

Option to purchase with Duplex in Orrville

Location 1818-1819 Cloveridge Dr. Orrville, OH 44667

Quiet location.  Located south of  5 Points Rd and West of North Crown Hill Rd.  Close proximity to Smuckers and UA Wayne Campus.

Property Highlights

• Building Size: 2,364 SF
• Lot Size: .3056 AC
• Unit Size: Approx. 1000 SF
• Unit Config:  2 Bedroom 1 Bath
• Built: Approx. 1986
• Garage for each tenant
• Annual Taxes: $2,275.30
• Tenants pay all utilities and responsible for lawn maintenance.

Multifamily Portfolio Package Price: $955,000

This opportunity will not last long. For more information, please contact Patrick Powers and Stephen Powers, the Powers Brothers at Pappas Realty Co.