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1718 Market Avenue North
Canton, OH 44714
Asking Price
$5.59M
Cap Rate
8.03%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Embassy - Diplomat Apartments | 102 Units in Canton, OH <p>• Two Mid-Rise Buildings, One Block Apart</p><p>• Mix of Studio, One- and Two-Bedroom Units</p><p>• $90,000+ In Potential Revenue Growth Bringing Rents to Market Rate</p><p>• Utility Reimbursement Opportunity: Owner Paid Water/Sewer</p><p>• Upside Through Management Efficiencies (Out-of-Town Owner)</p><p>• Minutes to NFL Pro Football Hall of Fame and Gervasi Vineyard Resort & Spa</p><p>• 3 Miles to Interstate-77</p>
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NOI
$80,000
Cap Rate
1.43%
DSCR
0.24
Underwater
Cash-on-Cash
-15.02%
Monthly Payment
$27,681.007
Annual Cash Flow
$-252,172.087
