| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Fair |
| Demographics | 8th | Poor |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 Brookview Ct, Oxford, OH, 45056, US |
| Region / Metro | Oxford |
| Year of Construction | 1976 |
| Units | 24 |
| Transaction Date | 2021-03-05 |
| Transaction Price | $2,410,000 |
| Buyer | P & R RENTAL PROPERTIES LLC |
| Seller | TRR REAL ESTATE LLC |
300 Brookview Ct Oxford OH 24-Unit Multifamily
Neighborhood data points to a deep renter base and service-oriented amenities that can support leasing, according to WDSuite s CRE market data, positioning this 1976 asset for pragmatic value-add execution and durable cash flow management.
Livability favors renters: neighborhood metrics show a high share of renter-occupied housing units, indicating a broad tenant pool that can support demand depth for a 24-unit property. While neighborhood occupancy is below metro norms, investors can focus on product differentiation and operations to capture share within this renter-heavy micro-market.
Amenities are mixed. Restaurant density ranks among the top quartile nationally for neighborhoods, but cafes, groceries, and parks are comparatively sparse. Pharmacy access is strong relative to national peers. For residents, this translates to convenient dining and basic services nearby, with some reliance on short drives for daily-needs retail.
Vintage context matters. The property was built in 1976, newer than the average construction year in the neighborhood. That positioning can offer an edge over older stock, though investors should still plan for system upgrades and targeted renovations to enhance competitiveness and support rent trade-outs.
Demographics aggregated within a 3-mile radius skew toward young adults, with recent trends showing modest population contraction but signs of steady renter activity. Median asking rents in the immediate neighborhood sit below broader-area levels, suggesting potential to create value through renovations and amenities rather than relying solely on market growth, based on commercial real estate analysis from WDSuite.
Safety indicators for the neighborhood trend below national averages and are below the metro median among 611 Cincinnati-area neighborhoods. National percentiles place the area in a lower safety tier, and recent year-over-year estimates indicate upticks in both property and violent offenses. Investors should underwrite to prudent security measures and tenant screening, and compare trends to nearby competitive neighborhoods rather than block-level assumptions.
Proximity to regional employers supports workforce housing demand and commuting convenience. Notable nearby employers include Duke Energy, Cincinnati Financial, AK Steel Holding, Humana Pharmacy Solutions, and Prudential Financial.
- Duke Energy utilities (15.9 miles)
- Cincinnati Financial insurance (18.0 miles) HQ
- AK Steel Holding steel manufacturing (20.9 miles) HQ
- Humana Pharmacy Solutions healthcare services (21.5 miles)
- Prudential Financial financial services (23.2 miles)
This 24-unit, 1976-vintage asset in Oxford benefits from a renter-concentrated neighborhood and convenient service amenities, with restaurants and pharmacies nearby. The property is newer than much of the surrounding housing stock, positioning renovations and select system upgrades as a practical path to competitiveness and rent lift. According to CRE market data from WDSuite, neighborhood occupancy trails the metro, underscoring the importance of strong management, targeted capex, and resident experience to drive stabilization.
Within a 3-mile radius, the population skews young and the renter pool remains active, even as regional population trends are mixed. Neighborhood-level asking rents sit below broader-area levels, suggesting room to create value through interior updates and operational execution rather than depending solely on market-wide growth. Investors should balance this upside with underwriting for safety considerations and the relatively limited daily-needs retail immediately nearby.
- Renter-heavy neighborhood supports demand depth and leasing velocity.
- 1976 vintage offers value-add and system upgrade opportunities versus older local stock.
- Service access with strong restaurant and pharmacy presence aids resident retention.
- Below-area asking rents indicate potential for rent lift via renovations and operations.
- Risks: below-metro safety tier, softer neighborhood occupancy, and limited nearby groceries/parks.