Motivated Seller! 215 E Waterloo Rd | Multi-tenant Value Add
Multi-Tenant Investment with Value-add Potential
Marketing description
Well-maintained and well-located multi-tenant office investment with upside potential in leasing the vacant suites. Many tenants are long-term tenants; some month to month leases. Rarely ever historically leased professionally. This is ideal for both investors and owner-occupants looking for an easily managed property with upside that is easily stabilized in a strong mixed-use Akron corridor.
Investment highlights
Great visibility: Positioned on a heavily trafficked commuter and service route
Flexibility (Zoning & Layout): Ability to accommodate a range of small to mid-size tenants and flexible zoning allows a wide range of office, medical, and service-related uses
Value-Add: Many MTM leases and a couple vacancies - easily stabilize through renewals and market-rate adjustments and leasing vacant spaces
Recent Capital Improvements: New Roof, Upgraded HVAC, Updated Plumbing, New Windows
Amenities: Plenty of on-site parking, in-suite restrooms, some units with private entrances, recent capital improvements
Excellent Highway Access: Less than 1 mile to the I-77/US-224 interchange with quick connections to I-76, I-277, and SR-241.
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