$11,980,000
About this home
Very desirable scattered site portfolio consisting of 158 rental units under 41 buildings along with three vacant lots. Located throughout the greater suburban Summit County area including Portage Lakes, Ellet, Lakemore, Akron and into Wadsworth in Medina County, 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. Vacancy rate approximately 4%. 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 iby 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, 1901895, 1901898, 19006041, 5109925, 5400854, 5402242, 5400856, 5400546, 5401998. Financials available upon request with a signed NDA. Buyer to verify all information. contained herein.
Highlights
Property details
- MLS
- NOWDD
- MLS #
- 5243114
- Property type
- Apartment
- Subdivision
- N/A
- Status
- Active
- Days on market
- 15
- On market date
- September 8, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 15 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 36
- District
- Wadsworth City
- Enrollment
- 657
- Student:teacher ratio
- 16.4:1
- District
- Wadsworth City
- Enrollment
- 1,587
- Student:teacher ratio
- 19.8:1
- District
- Wadsworth City
Walkability
Blended score for Wadsworth's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 28 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.