| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 48th | Fair |
| Amenities | 27th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1205 Rosehill Rd, Reynoldsburg, OH, 43068, US |
| Region / Metro | Reynoldsburg |
| Year of Construction | 1974 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1205 Rosehill Rd Reynoldsburg Multifamily Investment
Neighborhood occupancy is robust and competitive within the Columbus metro, supporting stable cash flow potential, according to WDSuite’s CRE market data. Proximity to diversified employment further underpins renter demand while pricing remains positioned for workforce households.
Reynoldsburg’s suburban setting offers balanced livability for workforce renters. Daily needs are convenient with strong access to grocery and pharmacy options relative to the metro, while cafes, parks, and childcare are limited within the immediate neighborhood footprint. School ratings trend below national medians, which may temper family-driven demand but does not preclude steady leasing in workforce segments.
From an investor lens, neighborhood occupancy ranks competitive among Columbus neighborhoods (165 out of 580) and sits in the top quartile nationally, signaling durable absorption and reduced downtime risk versus many peer areas. Renter concentration within the neighborhood is lower than the metro median, implying a smaller immediate renter base; however, the wider 3-mile radius shows a substantial share of renter-occupied housing, indicating broader demand catchment beyond the block group cluster.
Within a 3-mile radius, population and household counts have grown in recent years with additional gains projected by 2028. The outlook includes a notable increase in households alongside smaller average household sizes, which typically expands the tenant base and supports occupancy stability for mid-scale multifamily assets.
Ownership costs are moderate for the region, and rent-to-income levels indicate manageable affordability pressure for renters. This dynamic can aid retention and keep lease-up periods predictable, though more accessible ownership options nearby may modestly constrain pricing power at the margin. Overall positioning remains attractive for workforce-oriented strategies validated by commercial real estate analysis from WDSuite.
Safety indicators for the neighborhood track below both metro and national benchmarks. Relative to 580 Columbus neighborhoods, the area sits below the metro median, and national percentiles suggest the neighborhood is less safe than many communities across the country. For investors, this argues for prudent security and lighting plans and careful operating protocols to support resident satisfaction and retention.
Recent trends are mixed: estimated property offenses show modest year-over-year improvement, while violent offense estimates have increased over the same period. These data points reinforce the importance of standard risk management and community engagement measures rather than signaling a structural barrier to operations.
The property is positioned near a diversified employment base spanning consumer goods, distribution, IT services, and corporate headquarters, supporting commuter convenience and a durable renter pool focused on workforce housing.
- Dr Pepper Snapple Group — consumer products (5.5 miles)
- Wesco Distribution — industrial distribution (6.7 miles)
- L Brands — retail & corporate services (7.9 miles) — HQ
- Avnet Services - LifeCycle Solutions — IT services (8.8 miles)
- Nationwide — insurance & financial services (9.8 miles) — HQ
Built in 1974, this 88-unit asset is older than the neighborhood’s average vintage, creating straightforward value-add and capital planning opportunities to modernize interiors and common areas. Strong neighborhood occupancy—competitive among Columbus submarkets and top quartile nationally—supports stable collections and mitigates downtime risk, based on CRE market data from WDSuite.
The 3-mile radius shows expanding households and a sizable renter pool, reinforcing tenant base depth even as the immediate neighborhood’s renter concentration is below the metro median. Ownership costs are moderate and rent-to-income levels suggest manageable affordability pressure, which can aid retention and predictable leasing, though accessible homeownership nearby may temper outsized rent growth expectations. Standard safety and school-quality considerations warrant proactive management but are not outliers for workforce-oriented operations.
- 1974 vintage positions the asset for value-add upgrades that can enhance competitive standing
- Neighborhood occupancy competitive in Columbus and top quartile nationally supports cash flow durability
- 3-mile area shows household growth and a sizable renter base, supporting leasing stability
- Moderate rent-to-income dynamics aid retention and steady renewals
- Risks: below-metro renter concentration locally, school ratings below national medians, and safety indicators requiring active management