| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Fair |
| Demographics | 50th | Best |
| Amenities | 39th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 99 Summit Ln, Washington Court House, OH, 43160, US |
| Region / Metro | Washington Court House |
| Year of Construction | 1986 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
99 Summit Ln, Washington Court House OH — 29-Unit 1986 Multifamily
With a 1986 vintage in a neighborhood where average stock is older, this asset is positioned to compete for steady occupancy; according to WDSuite’s commercial real estate analysis, a sizable renter-occupied housing share in the neighborhood supports multifamily demand.
Located in Washington Court House, the neighborhood ranks 1st out of 15 metro neighborhoods for overall livability (A+), with amenity access that is competitive for a suburban setting. Grocery and cafe density track around metro norms and above many peer areas nationally, helping day-to-day convenience without relying on long commutes.
Renter-occupied housing accounts for a meaningful share of neighborhood units (ranked 3rd of 15 locally and in the 85th percentile nationally), indicating depth in the tenant base and supporting demand for small to mid-size multifamily. Neighborhood occupancy is 90.3% and ranks 11th of 15 in the metro, suggesting investors should underwrite leasing cadence conservatively relative to metro leaders.
Demographic statistics aggregated within a 3-mile radius show modest population growth recently with households roughly steady and projected to increase, which points to a gradually expanding renter pool over the next five years. Household incomes have trended up, while rent levels remain accessible, which can aid lease retention and measured pricing power.
Median home values are lower than many national markets, and ownership costs are relatively manageable for the region. That context can introduce some competition with entry-level ownership, but the neighborhood’s rent-to-income position (85th percentile nationally) supports occupancy stability for professionally managed apartments. Average school ratings sit near the national median, an acceptable baseline for workforce-oriented demand.
Asset positioning: The property’s 1986 construction is newer than the neighborhood’s average vintage (1962; ranked 12th of 15), which helps competitiveness versus older stock. Investors should still plan for aging systems and selective modernization to enhance rentability and reduce near-term capex surprises.
Neighborhood safety indicators compare favorably: overall crime levels sit in the upper tier nationally (around the 77th percentile for safety), and both property and violent incident rates have improved materially year over year. Within the metro, the area is competitive among Washington Court House neighborhoods (crime rank 4th of 15), supporting resident retention narratives for workforce housing.
While no submarket is immune to volatility, recent declines in estimated property and violent offense rates suggest momentum in the right direction. Investors should continue to monitor trend consistency and management’s on-site practices rather than relying on a single-year shift.
Regional employment anchors within commuting distance support renter demand, with logistics, retail HQs, and utilities offices offering diverse wage bases aligned to workforce housing. Notable nearby employers include Staples Fulfillment Center, Big Lots, Avnet Services, The Xerox Company, and American Electric Power.
- Staples Fulfillment Center — logistics (24.4 miles)
- Big Lots — retail HQ (32.9 miles) — HQ
- Avnet Services — technology services (33.2 miles)
- The Xerox Company — business services (33.2 miles)
- American Electric Power — utilities (36.3 miles) — HQ
This 29-unit, 1986-vintage asset offers a competitive position versus older neighborhood stock, with scope for targeted value-add to modernize interiors and systems. The surrounding neighborhood is top-ranked (1st of 15) for overall livability, with a renter-occupied housing share that is high relative to both the metro and nation—key signals for tenant base depth and leasing durability. Based on CRE market data from WDSuite, neighborhood occupancy trends sit below the metro median, so underwriting should assume measured lease-up and steady renewal management rather than outsized rent lifts.
Within a 3-mile radius, modest population growth and a projected increase in households point to a slowly expanding renter pool. Accessibility of rents relative to incomes supports retention while allowing room for disciplined rent optimization, especially if upgrades enhance unit competitiveness. Primary risks include metro-relative occupancy softness and modest park/childcare amenity density, which place a premium on asset-level operations and service quality.
- Newer 1986 vintage versus neighborhood average, with practical value-add potential
- Strong renter-occupied housing share (3rd of 15; 85th percentile nationally) supports multifamily demand
- Livability ranked 1st of 15 metro neighborhoods; everyday amenities meet workforce needs
- 3-mile profile indicates gradual renter pool expansion and rising incomes aiding retention
- Risks: neighborhood occupancy below metro median; limited parks/childcare density; rely on disciplined operations