| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Best |
| Demographics | 50th | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5250 Camelot Dr, Fairfield, OH, 45014, US |
| Region / Metro | Fairfield |
| Year of Construction | 1973 |
| Units | 36 |
| Transaction Date | 2013-04-17 |
| Transaction Price | $17,688,000 |
| Buyer | CAMELOT EAST OWNERS LLC |
| Seller | TGM CAMELOT INC |
5250 Camelot Dr Fairfield OH Multifamily Investment
Neighborhood occupancy is resilient and renter demand is deep, according to WDSuite’s CRE market data, suggesting steady leasing fundamentals for well-managed assets in this Inner Suburb of Cincinnati.
Positioned in Fairfield’s Inner Suburb of the Cincinnati metro, the neighborhood earns an A rating and ranks 47 of 611 locally, making it competitive among Cincinnati neighborhoods. Amenity access is a positive contributor with groceries, parks, pharmacies, and everyday services testing above national medians, supporting day‑to‑day livability for residents and commutes to nearby employment centers.
Multifamily performance indicators are favorable: neighborhood occupancy is 96.2% (top quintile nationally), and the renter-occupied share of housing units is 58.7% — in the 93rd percentile nationwide — signaling a sizable tenant base and supporting demand depth for properties serving workforce renters.
Within a 3‑mile radius, demographics from WDSuite show population growth over the past five years with households expanding faster than population, pointing to a larger renter pool and support for occupancy stability. Forward-looking estimates indicate continued increases in households by 2028, which can underpin leasing and renewal velocity for well-positioned communities.
Ownership costs in the area trend higher relative to incomes (value-to-income ratio sits in the upper third nationally), which typically sustains reliance on rental options and can aid pricing power when paired with a modest rent-to-income burden near 0.17. Average school ratings are around the national midpoint, which may matter for family renters but does not detract from the submarket’s core workforce housing appeal.
The asset’s 1973 construction predates the neighborhood’s average vintage (1980), suggesting investors should plan for system upgrades and interior refreshes; this also presents value‑add potential to better compete with newer stock while leveraging strong neighborhood occupancy.
Safety trends are mixed when compared nationally. The neighborhood’s safety profile ranks below national averages (overall crime is in a lower national percentile), with property offenses sitting in a weaker national bracket and violent offense measures also below typical U.S. levels. Among Cincinnati neighborhoods, these metrics place the area below the metro median rather than among the top performers.
Recent directionality is nuanced: estimated property offense rates declined year over year, while estimated violent offense rates increased. Investors typically account for these patterns through on‑site operations, lighting and access controls, and resident screening, and by emphasizing proximity to employment and services that support retention.
Proximity to regional employers supports renter demand and commute convenience, notably across utilities, insurance, steel, pharmacy benefits, and financial services represented by Duke Energy, Cincinnati Financial, AK Steel Holding, Humana Pharmacy Solutions, and Prudential Financial.
- Duke Energy — utilities (0.48 miles)
- Cincinnati Financial — insurance (1.86 miles) — HQ
- AK Steel Holding — steel (5.59 miles) — HQ
- Humana Pharmacy Solutions — pharmacy benefits (5.60 miles)
- Prudential Financial — financial services (6.86 miles)
5250 Camelot Dr is a 36‑unit, 1973 vintage asset with larger-than-typical unit sizes for its class, positioned in a neighborhood that is competitive among Cincinnati peers. According to CRE market data from WDSuite, neighborhood occupancy sits in the upper national quintile and renter concentration is high, indicating a durable tenant base. Given elevated ownership costs relative to income and a moderate rent-to-income profile, the submarket supports retention while allowing disciplined rent management.
The older vintage signals clear value‑add and capital planning angles — modernization and select system upgrades can sharpen competitive positioning against newer stock. Within a 3‑mile radius, recent population growth and faster household increases, with further household expansion forecast, point to ongoing renter pool expansion that can support steady leasing and renewal performance over a multi‑year hold.
- High neighborhood occupancy and strong renter concentration underpin demand depth
- 1973 vintage offers value‑add potential via interiors and building systems
- Household growth within 3 miles supports leasing stability and renewal prospects
- Ownership costs relative to income support reliance on rental housing and pricing discipline
- Risks: below‑average safety metrics and average school ratings may require operational focus