| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 54th | Fair |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1967 Sawbury Blvd, Columbus, OH, 43235, US |
| Region / Metro | Columbus |
| Year of Construction | 1983 |
| Units | 80 |
| Transaction Date | 2012-07-17 |
| Transaction Price | $4,300,000 |
| Buyer | Primas Investments LLC |
| Seller | Sawbury Commons LLC |
1967 Sawbury Blvd Columbus Multifamily Investment Opportunity
Neighborhood fundamentals point to durable renter demand and near-full occupancy, according to WDSuite’s CRE market data, with a renter-occupied housing base that supports lease-up and retention. Positioning in Columbus’ inner suburb adds stability without sacrificing access to key employment nodes.
This inner-suburb location scores an A- neighborhood rating and ranks 121 out of 580 Columbus neighborhoods, placing it in the top quartile among 580 metro neighborhoods based on overall fundamentals. According to CRE market data from WDSuite, neighborhood occupancy is strong and sits in the top quartile nationally, a positive indicator for leasing stability.
Renter concentration is high, with a substantial share of housing units renter-occupied (competitive nationally), which typically deepens the tenant base for multifamily assets and supports steady absorption. Median contract rents register above many peer areas in the metro while remaining moderate relative to income levels, suggesting room for disciplined revenue management rather than outsized push.
Livability inputs are mixed: grocery access is a relative strength (high density of stores compared with national norms) and dining options are plentiful for a suburban node, while immediate cafe and park options are limited within the neighborhood boundary. School ratings are not available in the dataset and should be validated during diligence.
Within a 3-mile radius, population has expanded in recent years and households have grown, with projections calling for further population growth and a notable increase in households alongside smaller average household sizes. For investors, that combination points to a larger tenant base and sustained demand for rental units, supporting occupancy stability over the medium term.
On the ownership side, elevated home values relative to incomes for the area reinforce reliance on multifamily rentals, while rent-to-income levels near 20% indicate manageable affordability pressure. Together, these dynamics can support retention and measured pricing power, subject to asset quality and unit mix.
Safety indicators are mixed in this neighborhood. At the metro level, its crime rank sits around the middle of 580 Columbus neighborhoods, suggesting conditions are roughly near the metro median. Nationally, the area falls below the national average for safety.
Recent trends show estimated property offenses declining year over year, an encouraging directional signal, while violent offense metrics reflect weaker standing nationally and a recent increase. Investors should assess on-the-ground patterns, time-of-day variation, and property-specific security measures rather than relying solely on neighborhood aggregates.
Proximity to major corporate employers supports a broad white-collar tenant base and commute convenience. Nearby employment anchors include Cardinal Health (and its Fuse innovation arm), L Brands, Nationwide, and American Electric Power — all of which can underpin leasing and retention for workforce and professional renters.
- Fuse by Cardinal Health — healthcare innovation (2.2 miles)
- Cardinal Health — healthcare distribution (2.8 miles) — HQ
- L Brands — retail & consumer (10.0 miles) — HQ
- Nationwide — insurance & financial services (10.6 miles) — HQ
- American Electric Power — utilities (10.8 miles) — HQ
1967 Sawbury Blvd offers scale at 80 units in an inner-suburban Columbus location where neighborhood occupancy trends remain elevated and renter concentration is strong. Household growth within a 3-mile radius, combined with shrinking household sizes, points to a larger tenant base and steady absorption potential. Access to multiple Fortune 500 employers nearby further supports day-to-day leasing and retention.
According to CRE market data from WDSuite, neighborhood occupancy ranks among the stronger cohorts nationally, while rent-to-income levels indicate manageable affordability pressure. Elevated ownership costs for the area tend to sustain rental demand, creating conditions for disciplined revenue management rather than aggressive rate setting. Key watch items include mixed safety signals and amenity gaps (limited parks/cafes), which should be mitigated through property-level operations and positioning.
- High neighborhood occupancy and substantial renter-occupied housing share support leasing stability
- 3-mile radius shows population and household growth, expanding the tenant base
- Proximity to major employers (Cardinal Health, Nationwide, AEP) underpins demand
- Balanced affordability — rent-to-income near 20% suggests room for disciplined revenue management
- Risks: mixed safety trends and limited immediate parks/cafes warrant operational attention