| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Best |
| Demographics | 73rd | Best |
| Amenities | 25th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1325 Cleveland Rd W, Huron, OH, 44839, US |
| Region / Metro | Huron |
| Year of Construction | 1990 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1325 Cleveland Rd W Huron Multifamily Opportunity
Newer-than-area vintage and stable neighborhood occupancy suggest durable renter demand, according to WDSuite s CRE market data. The asset s larger floor plans position it to compete for family-oriented tenants in a suburban setting with strong schools.
This suburban Huron address sits in a top-quartile neighborhood within the Sandusky metro (ranked 5 out of 26), indicating comparatively strong local fundamentals. School quality is a standout, with the neighborhood s average rating leading the metro (rank 1 of 26) and trending in the top quartile nationally a draw for tenants prioritizing education.
Occupancy in the surrounding neighborhood is in the low 90s and has risen over the past five years, supporting leasing stability for well-managed assets. Renter-occupied housing makes up roughly one-quarter of nearby units, pointing to a moderate renter concentration and a tenant base that can sustain absorption without excessive turnover risk.
Amenities skew toward parks and dining: park access and restaurant density sit above national norms, while daily conveniences like groceries, pharmacies, and cafes are thinner immediately nearby. For investors, this mix suggests lifestyle appeal for households that value recreation and dining, with some reliance on short drives for errands.
Home values are moderate for the region and the neighborhood s rent-to-income ratio indicates relatively low affordability pressure, which can aid lease retention and measured rent growth management. Within a 3-mile radius, recent years show a small population decline but a slight increase in household count, and projections indicate more households alongside smaller average household size factors that can expand the renter pool and support occupancy over time. The property s 1990 construction is newer than the area s average vintage (1976), offering a competitive edge versus older stock while warranting ongoing modernization of aging systems as part of capital planning.
Neighborhood safety compares favorably at the national level, performing in the top quartile of neighborhoods nationwide per WDSuite s CRE data. Within the Sandusky metro, however, the neighborhood ranks closer to the higher-crime tier (ranked 4 out of 26), so investors should calibrate expectations to local context rather than national averages.
Recent trend indicators are constructive: estimated violent and property offense rates have moved lower year over year, suggesting improving conditions. As always, underwriting should reflect property-level measures (lighting, access control) and coordination with professional management to sustain resident confidence and retention.
Regional employment access is anchored by larger corporate employers to the east, supporting commuter demand that can underpin retention for workforce-oriented units. The tenant base here may include employees commuting to the following firms.
- Texas Instruments semiconductor offices (35.0 miles)
- Travelcenters Of America travel & logistics (35.4 miles) HQ
With 24 units and notably generous floor plans, this 1990-vintage asset competes well against older neighborhood stock while leaving room for selective modernization to enhance positioning. Neighborhood occupancy sits in the low 90s and has improved in recent years, and strong schools plus recreation and dining access support family-oriented demand. According to CRE market data from WDSuite, the local rent-to-income profile is favorable, which can aid retention and provide measured pricing flexibility for well-amenitized units.
Investor considerations include a moderate renter concentration in the immediate area, limited daily retail in the near vicinity, and safety standing that is stronger nationally than within the metro. These factors argue for thoughtful asset management curated amenities, security posture, and targeted unit upgrades to maximize leasing depth and stability.
- Newer-than-area vintage (1990) versus local average supports competitive positioning with targeted modernization upside
- Neighborhood occupancy in the low 90s and improving trends support leasing stability
- Strong schools and larger floor plans align with family-oriented tenant demand
- Favorable rent-to-income dynamics, per WDSuite data, support retention and measured pricing power
- Risks: thinner daily retail nearby, moderate renter base depth, and relative safety standing within metro