| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 54th | Fair |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4582 Roxbury Cir, Batavia, OH, 45103, US |
| Region / Metro | Batavia |
| Year of Construction | 1980 |
| Units | 24 |
| Transaction Date | 2015-05-20 |
| Transaction Price | $1,350,000 |
| Buyer | BATAVIA INVESTORS LLC |
| Seller | WILLOWBROOK ESTATES LLC |
4582 Roxbury Cir, Batavia OH Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by stable suburban fundamentals, according to WDSuite’s CRE market data. This location offers steady income potential with balanced affordability that can aid retention.
Batavia sits within the Cincinnati metro’s inner suburbs and posts an A- neighborhood rating, ranking 110 out of 611 metro neighborhoods—top quartile among Cincinnati submarkets by WDSuite’s neighborhood scoring. For multifamily investors, this positioning typically signals durable renter demand and leasing depth compared with many peers across the metro.
Rents in the neighborhood trend above the national median (67th percentile) with solid 5-year growth, while the neighborhood’s occupancy is in the 83rd percentile nationally—indicative of leasing stability rather than short-term spikes. The share of renter-occupied housing is meaningful (competitive nationally at the 77th percentile), suggesting a sizable tenant base for a 24-unit asset. Rent-to-income levels benchmark in the lower national percentiles, a signal of manageable affordability that can support retention and reduce turnover risk.
Day-to-day amenities are adequate for suburban living: restaurants (73rd percentile), cafes (80th percentile), groceries (64th percentile), and pharmacies (70th percentile) compare favorably to national norms. Park access and childcare density are limited within the neighborhood, which may modestly temper appeal for some family households, though the area’s average school ratings track in the top quartile nationally—supportive for family-oriented renter demand. All amenity and school metrics reflect neighborhood-level conditions, not the property itself.
Within a 3-mile radius, WDSuite’s demographics indicate recent population growth alongside an increase in total households, expanding the local renter pool. Forward-looking estimates point to continued gains in households over the next five years, which can underpin occupancy stability and leasing velocity for well-positioned multifamily product.
Comparable neighborhood safety metrics are not available in WDSuite for this location. Investors typically contextualize property-level risk by reviewing Cincinnati metro trends and consulting local law enforcement and third-party datasets to complement underwriting assumptions.
The area draws from a diversified Cincinnati employment base that supports renter demand and commute convenience, including grocery retail corporate offices, health insurance, consumer products, and financial services. The employers below reflect nearby anchors that can aid leasing stability.
- Kroger DCIC — grocery retail corporate offices (12.1 miles)
- Humana — health insurance (13.1 miles)
- Procter & Gamble — consumer goods (13.5 miles) — HQ
- Western & Southern Financial Group — financial services (13.5 miles) — HQ
- American Financial Group — insurance (13.6 miles) — HQ
This 24-unit asset benefits from a suburban Cincinnati location where neighborhood occupancy trends in the top quartile nationally and renter-occupied share is competitive, pointing to a durable tenant base. According to CRE market data from WDSuite, neighborhood rents sit above national medians while rent-to-income benchmarks suggest manageable affordability—conditions that can support steady collections and moderate turnover.
Demographics aggregated within a 3-mile radius show recent population gains and an increase in households, with forecasts indicating further growth—favorable for renter pool expansion and leasing stability. Amenity access is broadly sufficient for workforce renters, and proximity to diversified corporate employers supports commuting convenience. Key watch items include limited park and childcare density within the neighborhood, which may affect some family renter segments.
- Top-quartile neighborhood occupancy supports income stability
- Renter-occupied share competitive nationally indicates depth of tenant demand
- Rents above national medians with balanced rent-to-income aid retention
- 3-mile population and household growth points to renter pool expansion
- Risk: Limited parks/childcare may temper appeal for some family renters