WHY AKRON, OHIO?

1/2 drive from Cleveland, 1 1/2 hour flight from NY

The Akron, Ohio housing market:

While the housing market in Metropolitan Akron continues its upswing, the average price per unit in our market is considerably lower than that in other major cities in the United States. Akron offers fully rehabbed, tenanted properties in stable, middle class and densely populated neighborhoods, all in the $80,000 to $100,000 range that make Akron, Ohio ideal for Passive-Income investments. A two - three bedroom, single-family home in a comparable neighborhood in Cleveland would range between $135,000 to $160,000, and in Miami between $150,000 - $200,000. With all costs being considered, the Metropolitan Akron market offers amazing net yields. Average returns on real estate investments in Akron exceed those of other comparable markets including Atlanta, Miami, Cleveland, Pittsburg, and Philadelphia. We believe that Akon is the optimal real estate investment location.

General overview:
Akron, Ohio LOVES sports teams and takes pride in its reputation for being the "Rubber Capital" of the country. A culturally diverse city featuring the 3rd largest metropolis in the the State of Ohio, Akron is known for its many logistical centers which play a major role in the transport and shipping industries. The major economic sectors of Akron are rubber, health care, technology, and education, with nearly many colleges and technical schools located in the city. 

Population: 190,534 (city), 715,000 (metro)

Cost of Living:
Greater Akron has a very affordable cost of living, well below the U.S. metro average and among the lowest of the nation’s 20 largest metropolitan areas.

Employment:
Akron is home to nine Fortune 500 companies and is home to dozens of companies listed on various stock exchanges in the U.S., with market capitalizations ranging from over $500 thousand to more than $40 billion. Among these public companies, Greater Akron is home to 17 Fortune 1000 headquarters, of which 9 following are Fortune 500 companies:
•First Energy
•Goodyear
•Lockheed Martin
•Northwest Mutual
•Huntsman
•AECOM Energy
•Packaging Corporation of America
•Dillard’s
•Robert Half

Higher Education:
With over 12 four-year colleges and universities enrolling more than 85,000 students, the Akron area produces more than 25,000 graduates with bachelor’s, post-bachelor’s or professional degrees each year.

The area also has an extensive network of community colleges, which enroll an additional 41,000 plus students, as well as vocational and technical training facilities and some of the most highly rated elementary schools and high schools in the country. As a result, Greater Akron is a great learning environment in which to grow up, as well as a sought-after destination for thousands of people from around the country — and the globe — who are attracted to its top-tier education resources every year.

Many of the best and brightest who study in Akron enjoy the community so much they decide to plant their roots here after earning their degrees. Among those benefiting from this situation, of course, is the Akron business community. A smart, hard-working work force fuels the growth of companies throughout the region.
•University of Akron
•Kent State University
•Herzing University
•Northeast Ohio Medical University
•Ohio State University

Akron Highlights!
•#1 "Best Place to Raise Your Kids in Ohio" - Business Week 2020
•#4 Most affordable housing of the top 30 metropolitan areas in the country - National Association of Home Builders 2019
•#8 "America's Best Housing Markets" based on low foreclosures, rising home prices, and affordability – Forbes 2021
•#11 Best Cities for Families - Parenting Magazine 2020
•#13 for Gen Y Workers - those born between 1982-1993 - Payscale Inc.
•#19 Best College (University of Akron) - US News & World Report
•9 Fortune 500 and 17 Fortune 1000 Companies.
•# 17 most attractive national parks for camping & outdoor activities