19-Unit Apartment Building Exceeds Expectations at Auction

In the ever-evolving landscape of real estate investment, opportunities that promise both stability and growth are highly coveted. Recently, the KIKO team sold a fully occupied 19-unit apartment complex in North Canton, Ohio, at Absolute Auction. With tenants rooted for years, the auction drew the interest of both local and out-of-state bidders alike.

KIKO Auctioneer & Realtor Doug Milano led the auction to a $2.475 million sale price.

“This auction drew quite a lot of interest, with KIKO’s reach attracting buyers from several states who participated either live onsite or via online simulcast bidding,” Doug shared. “We had nearly 100 bidders register on auction day. This was a very successful auction, and we’re seeing investment real estate continue to remain strong into the spring season.”

Income-Producing Real Estate Success

Located in North Canton, Ohio, the apartment complex boasts a history of long-standing tenants and a track record of stable rental income. Its appeal extends beyond its financial performance; the property's convenient location and well-maintained units make it a compelling investment opportunity for those seeking to expand their real estate portfolio in the Canton area.

What sets KIKO apart in the realm of real estate auctions is our nearly 80 years of success, decades of combined experience, and unwavering commitment to exceeding our sellers’ expectations. We take pride in providing tailored advice and innovative solutions that enable our clients to achieve their real estate goals.

Watch our upcoming auctions or contact us today for advice on selling investment real estate.