The Peaks at Waters Edge_Propriété à vendre
The Peaks at Waters Edge_Propriété à vendre
4260 Americana Drive, Cuyahoga, OH, 44224-4860, US

The Peaks at Waters Edge

Description de l'actif

Jones Lang LaSalle Americas, Inc. (JLL) is pleased to present The Peaks at Water’s Edge (the “Property” or “The Peaks”), a 504-home community located in the beautiful Cuyahoga Falls neighborhood. This 98% occupied community offers a desirable mix of one, two and three bedroom units. Residents of The Peaks enjoy the benefit of living in the quiet, scenic suburb of Cuyahoga Falls while being a close drive away from Downtown Cleveland. Located adjacent to Wyoga Lake, the Property is surrounded by lush grounds and is in close proximity to the Cuyahoga River. Only 35-minutes away from Downtown, The Property boasts close access to prime job opportunities, excellent educational institutions, and incredible dining, shopping, and recreation. This incredible investment opportunity is available free and clear.


Ohio Licensee:

Jon Venderplough

Managing Director

216.937.4376

jon.vanderplough@jll.com

Ohio License #: SAL.2005015674

...

Attributs

Année de construction
1975
Nombre de bâtiments
504
Superficie du bâtiment nette
39 321 mètres carrés
Occupation
98 %

Média

Points forts de l'investissement

Ideal Investment Profile

» 98% Occupancy | 96% Avg. Occupancy over the Last Twelve Months

» $6.4M of Strategic Capital Invested during Ownership through Interior and Exterior Upgrades

» 9% Rent-to-Income Ratio Proves Room to Push Rents

» Desirable Unit Mix of One, Two and Three Bedroom Units


Favorable Submarket Forecast

» Highest Submarket Occupancy in Akron Market at 96.2%*

» Highest Submarket Rent Growth in Akron Market at 3.6%*

» No Properties >50 Units Under Construction within a 5-Mile Radius

» Only 3 Properties > 100 Units Delivered in the Last 5 Years within 5-Mile Radius


**RealPage, North Summit County Submarket


Sought-After Location

» Within Driving Distance of Countless Fortune 1000 Headquarters in Cleveland

» Nearby Multiple Well-Renowned Medical Facilities and Higher Education Institutions

» 10-Minute Drive to Bustling Revitalized Downtown Cuyahoga Falls

» Prime Scenic Location Nearby the Cuyahoga River


Desirable Property Features

» Sought-After Amenities including Swimming Pool, Children’s Playground, and Theatre

» Newly Updated Clubhouse including 24-Hour Fitness Center and Resident Lounge

» Spacious Units featuring Walk-In Closets and Balconies

» Beautiful Views of Lush Cuyahoga Falls


The Peaks at Waters Edge 4_Propriété à vendre
The Peaks at Waters Edge 4_Propriété à vendre

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Dernière mise à jour
29 mai 2025