Green, Ohio property management and general info

[Simcha Davidman]

Hello Ohians and/or out of staters!

I'm looking to get information on the market in Green (also tagging Akron), Ohio. What can you tell me about it? I thought Akron and Canton were fairly stagnant or slightly contracting, but as I look into Green, it seems to be growing.

Also, looking to get in touch with property managers in that area that can handle 50-100 units. Any recommendations would be greatly appreciated.

Thank you!

[James Galla]

Originally posted by @Simcha Davidman:

@James Galla Thanks for the feedback, those are some really good points you bring up. Sounds like you might disagree regarding Akron and Canton - do you think the area is moving in the right direction?

I'm actually a big fan of Akron, however, I don't think that Green makes for the best area to get the highest likelihood of getting the greatest amount of return on your investment. Don't get me wrong, though, because Green has definitely expanded over the past few decades. And, of course it also depends on where you invest in Green. Some areas are definitely rural while other areas are less so, but the overall area is classified as rural if I remember correctly. You'll definitely see a lot of higher value properties in Green but I don't think you'll find the best investments with the same frequency as you would in other parts of the Akron area. As to the Akron areas opportunities, you can see the Goodyear developments in East Akron but over time, folks have moved north and northwest. I think those areas are certainly more likely to experience growth as opposed to the Canton direction, where things get much more rural. There are fantastic oil and gas opportunities in southeast Ohio, though (southeast of Canton).