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summit county: Akron-area home values keep sliding - 05/07/09 07:10 PM
Report finds 24.8 percent of Summit, Portage owners have negative equity
Published on Thursday, May 07, 2009
This article from http://Ohio.com is a bit of a micro-view segue from the previous blog article. Zillow has plenty of research and commentary to show how Akron Residential is slowly rotting from the inside, despite all the wonderful efforts of local business people. The local government needs to hopefully read this blog and many of the available resources out there screaming about the area needing help... anyhow... I digress... enjoy the articles' worth content.
Nearly a quarter of all homeowners in Summit and … (1 comments)
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summit county: 4-Units in Highly Desired Fairlawn, Ohio ** Agent Owned ** Seller Flexible in Terms / Financing ** A Gem of a property - 04/10/09 10:20 AM
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summit county: University of Akron Investment Property For Sale - 03/22/09 07:35 AM
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summit county: 4-Unit Apartment Building For Sale ** Fairlawn, Ohio ** A Gem in Highly Desired Area ** Separate Utilities (Tenants pay Heat & Elec) ** Townhouse ** Central A/C ** Upside Potential - 03/15/09 10:54 AM
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summit county: Summit County, Ohio Real Estate Tax Data - 03/02/09 05:48 PM
THINKING YOUR REAL ESTATE TAXES ARE SKY HIGH? How many politicians have forced their hands into your cookie jar squeezing their sweaty fingers trying to grasp the change in a frenzy. From the Auditor's website, the following information describes all the jousting for your money.
"The Fiscal Officer cannot and does not raise or lower taxes. There are 74 taxing authorities in Summit County. They include the County of Summit, 5 county agencies, 26 school districts, 3 library districts, 12 cities, 10 villages, 9 townships, 1 water district, 1 fire district and 1 cemetery district. Each of these taxing authorities are … (0 comments)
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summit county: Photog Friday - 02/13/09 01:31 PM
This is a picture of the walkway crossing over Bowery St in downtown akron. You can see the original and the edited version.
I used picasa 3 for this and have been enthused with the results now and in the past with Picasas capabilities.
I used to utilize Dell, but after a while all the normal services were unavailable and locked down, so HELLO Picasa!
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summit county: Apts-for-Sale.com - 01/25/09 09:03 AM
I have used this site for years and although it, to my knowledge, has never paid a dividend, I enjoy the fact that only apartment complexes are listed on the site.
Ultimately, it appears some of the main administrators utilize national listing mediums, such as Wall Street Journal and For Sale listings to compile its list.
Again, I reiterate this is a nice organizational tool for Apartment complexes for sale.
This site seems to handle ass small as 5-unit up to major portfolio properties (500 units+).
http://www.apts-for-sale.com/ubbcgi/ultimatebb.cgi?ubb=get_topic;f=1;t=020591
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summit county: REDUCED ** 4-Unit Apartment Building in Fairlawn, Ohio ** FOR SALE ** Land Contract Possible - 01/15/09 06:50 PM
Please visit
http://www.commercialsource.com/cs395762
Now priced at $274,000
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summit county: One way to determine value for Multi-Family Investments - 01/13/09 06:06 PM
NOI stands for NET OPERATING INCOME.
To get to NOI, you must first start with the Gross Income (rentals, laundry, etc) minus % for Vacancy which leaves the Adjusted Gross Income. Taking this number, you then apply the operating expenses (i.e. - Management, Maintenance, repairs, utilities, reserves, etc) which leaves you with your Net Operating Income. (i.e.-Income before Mortgage Debt)
Below find a brief numerical example...
GOI - $100,000
Vacancy - 10% - ($10,000)
ADJ GOI - $90,000
OP EXP - ($45,000)
NOI - $45,000
Now the rule of thumb throughout the industry (especially in Northeast Ohio) is … (1 comments)
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summit county: Home Sales. Prices Down --- Agents Cite Foreclosures - 12/18/08 09:48 PM
Of the 300+ homes sold in November in Summit County, almost 1/3 - (91) - went for less then $30,000.
That helps explain why November sales figures were dismal in the Akron area compared with a year ago, according to the latest report from the Akron Area Board of Realtors.
Home sales for the month dropped 12.2 percent from the 345 homes sold in November 2007.
Sales were down from 419 homes in October. The dollar value of the properties that exchanged hands plunged by a larger percentage, 30.8 percent, to $32.2 million from nearly $46.6 million in November 2007.
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summit county: Summit County Schedule of Events for week through 12/23 - 12/18/08 07:47 PM
12/19/2008 Online Art Auction City of Akron Recreation Bureau
12/19/2008 Machines at Play Akron Art Museum
12/19/2008 Dreamland: By Neil MacDonald Akron Art Museum
12/19/2008 Heresies: A Retrospective Akron Art Museum
12/19/2008 Kaleidoscope 2008/Art Demo Summit Artspace
12/19/2008 Festival of Lights Cuyahoga Valley National Park Association
12/19/2008 Akron Symphony Holiday Pops City of Green
12/19/2008 Christmas Candlelight Concerts Summit Choral Society
12/19/2008 Sanders Family Christmas Actors' Summit
12/20/2008 Heresies: A Retrospective Akron Art Museum
12/20/2008 Machines at Play Akron Art Museum
12/20/2008 Dreamland: By Neil MacDonald Akron Art Museum
12/20/2008 Kaleidoscope 2008/Art Demo Summit Artspace
12/20/2008 Everday Art Workshop … (0 comments)
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summit county: REDUCED ** 102-Units ** Copley, Ohio ** $34,800 P/Unit - 10/30/08 08:03 PM
2113 Copley RoadApartments For Sale, OH 44321
Map Location Get Directions
Price: $3,550,000 Status: Active Agent: Sean Dreznin Email: sean@pappasrealtyco.com Phone: 330-762-0535 Ex# 16 Built in 1966, this complex has seen many updates including; Pitched Steel roofs * 30 Garages built in 1997 * Heat changed to electric baseboard heat, whic the tenants pay. * Many interior and exterior/landscaping updates and additions have been completed in the recent past. Projected Gross Income - $595,000 ** Located on the East side of Copley Road, West of White Pond Dr. Contact Sean Dreznin for more information or to schedule a showing. … (0 comments)
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Sean Dreznin, Commercial Investment Real Estate Agent
Sarasota,
FL
More about me…
NAI Manasota
Address: 1718 Main St, Sarasota, fl, 34239
Office Phone: (330) 741-9667
Email Me
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