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801 East Exchange Street
What's Special
9.92% Actual Cap / Value Add Opportunity / Less than 1 mile from Akron University <p></p><ul><li><ul><li><strong>Strong Yield:</strong> Actual 9.92% Cap Rate ($49,522 NOI) with a clear path to an 11.64% Cap Rate ($58,093 Pro-Forma NOI).<strong> </strong></li><li><strong>Flexible Acquisition:</strong> Offered in bulk for $499,000 ($62,375/unit) or individually ($269,900 for 801 E. Exchange / $239,900 for 805 E. Exchange).</li><li><strong>Immediate Value-Add:</strong> 5 of 8 units recently converted to high-rent 2-bedroom layouts. Additional upside to convert the last 3 uni
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