45 Property SFH Canton Ohio Portfolio
**Scroll to bottom of the page for a detailed portfolio of pictures of each property**
A portfolio of 45 single family homes located in Canton Ohio. Average monthly rent per door is $1422 per month.
Sale Price: $6,595,000
-
Total Monthly Rents at 100% occupancy: $64,416
-
Average Annual Rent per Door at 100% occupancy: $1422 per month or $17,070 annually
-
2024 Annualized Net Operating Income: $605,000
See the full commercial real estate listing here: https://www.crexi.com/properties/1746554/ohio-canton-oh-44-sfh-portfolio
**Scroll to bottom of the page for a detailed portfolio of pictures of each property**
All properties are currently 100% occupied, and all tenants are currently in a 12 month lease agreement, which is our minimum lease term.
Each of these properties upon purchase went through a top to bottom remodel, all properties have been fully remodeled within the past 1-15 years and almost all the homes in the portfolio were acquired from 2009-2016. As the pictures will show some of, the interiors of these homes are some of the nicest rental properties you can find in our county or surrounding counties. There is a good bit of room for rent increases on each of these properties as the next round of leases comes due.
This specific area of Canton has several attributes that make the exact location of this LTR portfolio attractive for tenants. All homes were purchased in very specific and small portions of the city, which represents both an ideal proximity to the below as well as the nicest neighborhoods in the Canton area.
-
All sit within 3 miles of the Pro Football Hall of Fame Village and interstate 77
-
All are within 2 miles of Malone University, 4 miles from Walsh University, 5 miles from Stark State and Kent Univ-Stark Campus.
-
Are within 4 miles of both Mercy Hospital and Aultman Hospital.
-
Are within 4.5 miles of the Belden Village shopping/dining district, which is a shopping and dining hotspot of over 100 Retail shops and 55 restaurants.
A unique and convenient attribute to this portfolio, 80% of properties are located within 2 miles of each other and 100% of all properties are located within a 4 mile radius. This centralizes management activities, allows for rapid response to tenant requests, provides consistency of government boundaries/taxes/building code, and very importantly allowing for "one team" of maintenance personnel/subcontractors who are all located within the same area.
Current owner is retiring from real estate management in order to concentrate their time on their primary business.
Tenants pay all utilities, lawncare, and snow removal and are also responsible for water, sewer, and trash. Obviously, this is very beneficial to the net operating income.
Detailed profit & loss statement will be emailed to all interest parties. Please utilize the "contact" tab here on this website.
**Scroll to bottom of the page for a detailed portfolio of pictures of each property**




Pro Football Hall of Fame Village



The Pro Football Hall of Fame Village...
-
Will create hundreds of service industry jobs.
-
Shopping, restaurants, gaming, waterpark, and hotel.
ALL HOUSES ARE WITHIN THREE MILES OF THE VILLAGE
Two State of the Art Hospitals
Both Cleveland Clinic Mercy Hospital and Aultman Hospital are within just 4 miles of all homes
-
Both hospitals are desired by people from over an hour away looking to work here.
-
Multiple colleges/universities are near providing a steady stream of incoming healthcare worker for the area.
-
Constant supply of traveling nurses & traveling doctors looking to rent homes.


3 Colleges/Universities all within 6 miles
Canton is home to
-
Malone University
-
Walsh University
-
Stark State College & Kent State University, Stark County Campus.
-
Akron University is a short 12-15 minute drive north on interstate 77.
Malone and Walsh are both NCAA Division 2 schools, Kent State Stark is a NCAA Division 1 branch campus, Stark State is a technical school. Akron University is a NCAA Division 1 school.
The Canton area has an ever-growing need for college housing and post-graduate living. This portfolio of SFH is very desirable as student housing and for over 17 years many of our homes have been utilized by students.




Amazon Distribution Center
The Amazon distribution center is just a few miles away from all properties. Amazon warehouses provide;
- Service workers are primarily renters
- The Center created and maintains over 1,000 employees at one time.
- Also located near the Hall of fame village


Belden Village Shopping District
The Belden Village shopping area one of the most densely populated areas of restaurants and shopping in all of Ohio.
- Over 80 retail shops
- Over 90 restaurants/eatery's within a 5 mile radius, including Gervasi Vineyard
An ever-growing need for service workers creating a long-term supply of service industry renters.

