| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 54th | Fair |
| Amenities | 23rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3 Lori Ln, Amelia, OH, 45102, US |
| Region / Metro | Amelia |
| Year of Construction | 1973 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3 Lori Ln, Amelia OH — Stabilized Suburban Multifamily Value-Add
Occupancy in the surrounding neighborhood is reported at or near full levels, according to WDSuite’s CRE market data, pointing to steady renter demand for well-maintained units. This commercial real estate analysis suggests an operations-first, renovation-forward strategy can compete against newer stock nearby.
Amelia sits in Cincinnati’s inner suburbs, where neighborhood quality rates B+ and overall performance ranks 174 out of 611 metro neighborhoods — competitive among Cincinnati neighborhoods. Neighborhood occupancy is reported at 100%, a signal of tight supply that can support leasing stability, based on CRE market data from WDSuite.
The property’s 1973 vintage is older than the neighborhood’s average construction year (1995), which typically points to capital planning needs but also value‑add potential through exterior, interior, and systems upgrades to narrow the gap with newer comparables. Renter-occupied housing accounts for roughly a third of neighborhood units (36.7% renter concentration), indicating a meaningful tenant base without oversaturation — a favorable setup for mid-market workforce housing.
Within a 3‑mile radius, population has grown and is projected to continue expanding through 2028, with households increasing faster than population — a pattern that usually broadens the renter pool and supports occupancy stability. Median contract rents in this 3‑mile area have risen in recent years and are forecast to increase further, which, alongside a high-cost ownership market relative to incomes (value-to-income ratio in the higher national percentiles), reinforces renter reliance on multifamily housing and can aid pricing power and retention.
Local conveniences are present but not dense: cafes and pharmacies rank above metro medians, while parks, childcare, and grocery options are thinner within neighborhood bounds. Average school ratings trend below national midpoints, which may tilt the renter mix toward households prioritizing affordability, commute access, and functional amenities over school performance. For investors, this supports a practical positioning strategy focused on durable finishes, responsive management, and competitive rents rather than luxury features.
Safety indicators are mixed when viewed across geographies. The neighborhood’s crime rank is 129 out of 611 Cincinnati-area neighborhoods — indicating higher crime levels than many local peers — yet WDSuite places the area around the national upper-mid range for safety (approximately 59th percentile). Recent trends are constructive, with both violent and property offense rates declining year over year, suggesting improving conditions rather than deterioration.
For underwriting, this profile argues for standard multifamily security practices and vigilant site management. Comparative positioning within the metro should be weighed alongside the improving trendline and the submarket’s leasing stability.
Proximity to Cincinnati’s core employers underpins commuter demand from a diverse white-collar base, including utilities, healthcare, and major corporate headquarters. The following nearby employers help support weekday traffic and renter retention.
- Duke Energy — utilities (15.1 miles)
- Humana — healthcare services (15.5 miles)
- Procter & Gamble — consumer goods (15.5 miles) — HQ
- Western & Southern Financial Group — insurance & financial services (15.5 miles) — HQ
- American Financial Group — insurance (15.6 miles) — HQ
This 32‑unit asset at 3 Lori Ln offers a straightforward value‑add story in a tight-leasing inner‑suburb. Neighborhood occupancy is reported at 100% and renter concentration is meaningful without being saturated, supporting demand depth and lease retention. Within a 3‑mile radius, population growth and a faster rise in households point to a larger tenant base over the next five years; median contract rents are also projected to increase, which can sustain revenue growth if operations remain disciplined. According to CRE market data from WDSuite, ownership costs sit on the higher side relative to incomes, reinforcing rental demand and helping stabilize pricing power.
Built in 1973, the property is older than the area’s average stock (1995), creating potential for targeted renovations to improve competitive positioning versus newer assets. Amenities within the immediate neighborhood are modest and school scores trail national midpoints, so the most resilient strategy emphasizes durable finishes, professional management, and commute access to Cincinnati’s employment core.
- Tight neighborhood leasing conditions support occupancy stability and rent growth potential.
- 3‑mile household growth and projected rent gains expand the renter pool and revenue runway.
- 1973 vintage offers value‑add upside through interior and systems upgrades.
- Access to major Cincinnati employers underpins weekday demand and retention.
- Risks: older systems capex, below‑average school ratings, and mixed but improving safety trends.