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Old 07-15-2007, 03:41 PM
 
Location: Brooklyn, NY
10,157 posts, read 14,609,684 times
Reputation: 11466

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I'm looking at some properties in and around Akron, OH for investment. I live in CT/NYC and am looking at multi-family apartment buildings in the 5 unit to 15 unit range.

I've seen some pretty good buys on some listings recently. Wondering about the overall outlook for Akron and the worst parts/best parts of the city.

The city is in the rust belt, and has lost some population. But is it turning a corner for the better or worse? Much appreciated. Thanks.
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Old 07-16-2007, 11:21 AM
 
Location: Cleveland
3,070 posts, read 11,958,563 times
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Akrons economy isnt doing that good right now i can say that its still doing a lot better than Youngstown though. Akron doesnt have any really bad areas of town but areas right around downtown arent the best. Also near West Akron and a few other small areas are know as bad parts of town. Northwest Akron is a nicer part of town with more rich people. Akron has pretty low housing prices right now so it would be easy to find a good deal since its a buyers market. The only problem I see is trying to get people to move into the places, Akron has been losing people not gaining people.
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