
1321-1327 S Water St
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1321-1327 S Water St
4 Unit Apartment Building $1,000,629 CAD ($250,157 CAD/Unit) 5.43% Cap Rate Kent, OH 44240



INVESTMENT HIGHLIGHTS
- Less than a mile from Kent State University.
- Excellent visibility with frontage on State Route 43.
EXECUTIVE SUMMARY
100% occupied. CAP Rate is an estimate.
PROPERTY FACTS
Price | $1,000,629 CAD | Apartment Style | Low-Rise |
Price Per Unit | $250,157 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.59 AC |
Cap Rate | 5.43% | Building Size | 9,120 SF |
No. Units | 4 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 2002 |
Property Subtype | Apartment | Parking Ratio | 1.64/1,000 SF |
Price | $1,000,629 CAD |
Price Per Unit | $250,157 CAD |
Sale Type | Investment |
Cap Rate | 5.43% |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.59 AC |
Building Size | 9,120 SF |
No. Stories | 2 |
Year Built | 2002 |
Parking Ratio | 1.64/1,000 SF |
ABOUT 1321-1327 S WATER ST , KENT, OH 44240
Built in 2002, this 9,120 square foot office live/work unit building features 15 surface parking spaces and frontage on S Water Street. The parking lot was repaved this year. This property also includes two residential units located in a separate building behind this building. A new roof will be installed this summer.
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Walk Score®
Very Walkable (75)
PROPERTY TAXES
Parcel Number | 17-006-11-00-010-000 | Improvements Assessment | $106,024 CAD |
Land Assessment | $37,824 CAD | Total Assessment | $143,848 CAD |
PROPERTY TAXES
Parcel Number
17-006-11-00-010-000
Land Assessment
$37,824 CAD
Improvements Assessment
$106,024 CAD
Total Assessment
$143,848 CAD
ZONING
Zoning Code | Commercial |
Commercial |
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Presented by
Frank Arthur
1321-1327 S Water St
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