Redwood Lakemore | Phase 1
Coming Soon
Estimated Close: Q4 2026
About This Project
Redwood Lakemore Krumroy Road OH P1 LLC will deliver 142 apartment homes to Lakemore, Ohio. This thoughtfully planned neighborhood will feature Redwood’s signature single‑story apartment homes, offering one‑ to three‑bedroom floor plans with one to three bathrooms and private, two‑car attached garages. Homes will include spacious eat‑in kitchens with full pantries, open layouts with vaulted ceilings, large closets, washer and dryer hookups, upgraded finishes, and private entries—providing the comfort and feel of a single‑family home with the convenience of professional management. Residents will enjoy green‑centric landscaping, pet‑friendly living, and an attentive on‑site management and maintenance team. Planned as a two-phase development with an anticipated 39-month path to stabilization, Redwood Lakemore is strategically positioned within the Akron metropolitan area - home to approximately 700,000 residents and a workforce exceeding 350,000. As part of the broader Northeast Ohio region, this market is supported by a diversified employment base spanning healthcare, manufacturing, and professional services, driving consistent demand for high-quality suburban rental housing and positioning the neighborhood as a compelling build-to-rent investment opportunity.
Offering Details:
- Total Units: 142
- Estimated Equity Required: $8,250,000
- Minimum Investment: $100,000
- Preferred Pay Rate: 10%
- Distribution Schedule: Quarterly
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