| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 68th | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6511 Abbie Trails Dr, Canal Winchester, OH, 43110, US |
| Region / Metro | Canal Winchester |
| Year of Construction | 2013 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6511 Abbie Trails Dr Canal Winchester Multifamily
2013 construction in a high-occupancy suburban pocket supports durable leasing, according to WDSuite’s CRE market data, with neighborhood fundamentals competitive among Columbus submarkets. Newer vintage versus nearby stock points to relative positioning advantages with potential for selective modernization over time.
Located in suburban Canal Winchester within the Columbus, OH metro, the property sits in a neighborhood rated A and ranked 33 out of 580 metro neighborhoods — competitive among Columbus neighborhoods. Amenity access tests strong, with cafes, groceries, and pharmacies placing in the top quartile nationally, which supports day-to-day convenience and renter appeal.
The neighborhood’s housing stock trends older (average 1977), while the subject’s 2013 vintage is newer than nearby stock. For investors, this typically translates into better near-term competitive positioning versus older assets, while still planning for mid-life system updates or targeted value-add to refresh interiors and common areas.
Occupancy at the neighborhood level is elevated (top quartile nationally), signaling stable demand and low frictional vacancy in the immediate area, based on CRE market data from WDSuite. Median contract rents in the neighborhood register mid-market, and a low rent-to-income ratio indicates limited affordability pressure, which can support retention and steadier collections.
Within a 3-mile radius, demographics point to a larger tenant base over the last five years, with increases in population, households, and families. Forecasts through 2028 call for continued growth in households and incomes, reinforcing renter pool expansion and underpinning occupancy stability. The renter-occupied share is modest (about one-quarter of units), implying an owner-leaning area; for multifamily operators, this can mean a shallower renter concentration but potentially longer tenures among renters drawn to suburban convenience.
Home values locally are higher than some regional peers, creating a high-cost ownership market relative to incomes. That dynamic can sustain reliance on rental housing and provide pricing power for well-maintained, newer-vintage assets, while still requiring disciplined lease management to balance affordability and retention.
Safety indicators are mixed but improving in ways relevant to rental operations. The neighborhood’s overall crime rank sits mid-pack locally (rank 169 out of 580), roughly in line with average conditions across the metro. Nationally, the area aligns near the middle of the pack.
Property offenses have declined sharply year over year (a top-tier improvement nationally), a constructive trend for resident satisfaction and leasing. Violent offense indicators track closer to national averages with some recent fluctuation; prudent measures such as lighting, access control, and community engagement remain advisable to support perception and retention.
Nearby employers provide a diversified white-collar and light industrial base that supports commute convenience for renters, including Avnet Services - LifeCycle Solutions, Avnet Services, The Xerox Company, Dr Pepper Snapple Group, and Wesco Distribution.
- Avnet Services - LifeCycle Solutions - technology services (5.98 miles)
- Avnet Services - technology services (6.09 miles)
- The Xerox Company - business services (6.22 miles)
- Dr Pepper Snapple Group - beverage distribution (11.45 miles)
- Wesco Distribution - electrical distribution (13.13 miles)
6511 Abbie Trails Dr offers newer-vintage construction (2013) in a suburban Columbus location where neighborhood occupancy ranks in the top quartile nationally, supporting leasing stability. The asset competes against an older local stock profile, creating a relative advantage today while leaving room for targeted value-add and mid-life capital planning.
Within a 3-mile radius, population and household growth — coupled with rising incomes — point to a larger tenant base ahead, reinforcing demand for professionally managed rentals. Owner-weighted tenure locally suggests a modest renter concentration, but low rent-to-income levels support retention; based on commercial real estate analysis from WDSuite, these fundamentals align with steady operations for well-managed assets.
- Newer 2013 vintage versus 1970s neighborhood average supports competitive positioning with manageable modernization needs
- High neighborhood occupancy (top quartile nationally) underpins leasing stability and reduces frictional vacancy risk
- Expanding 3-mile population, households, and incomes reinforce renter pool expansion and demand durability
- Low rent-to-income levels support pricing power with attention to lease management and retention
- Risks: owner-leaning tenure and limited nearby parkland require targeted marketing, amenity programming, and curb-appeal investment