143 Durling Dr, Wadsworth, OH

Name: 143 Durling Dr, For Sale in Wadsworth - Zoocasa
Brand: Berkshire Hathaway HomeServices Stouffer Realty
SKU: 5243114
Price: 11980000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$11,980,000

000

MLS® 5243114

Overview

Key Facts

Type Apartment

Levels Commercial Sale

Size -

Garage Yes

Maintenance Fees

Taxes $151,408

Days Active 10

Approx. Age 1950

MLS® Number 5243114

Property Address: 143 Durling Dr, Wadsworth, OH, 44281-2004

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number5243114

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1950

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatElectric, Forced Air, Gas, Radiant

A/CNone

Extras

Map

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