72-Unit Apartment Complex in North Canton, OH

This listing presents a 72-unit apartment complex located in North Canton, Ohio, situated in a growing area with proximity to new single-family developments, Washington Square, and Walsh University. The property boasts a large corner lot with significant greenspace and potential for developing 2 acres, enhanced by a traffic light intersection. Key features include rents currently below market rates, recent significant upgrades such as new roofs and carports in 2024 with a 30-year warranty, a 100% maintenance-free exterior and new landscaping in 2023. Many units offer balconies or patios (36 total), and all buildings are equipped with full laundry facilities. The property is well-maintained, has many long-term tenants, and is poised for excellent value-add opportunities. Property taxes are projected to decrease in 2025 by $36,000.