| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Best |
| Demographics | 75th | Best |
| Amenities | 12th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1956 N Fairfield Rd, Beavercreek, OH, 45432, US |
| Region / Metro | Beavercreek |
| Year of Construction | 1988 |
| Units | 62 |
| Transaction Date | 2015-08-28 |
| Transaction Price | $3,061,000 |
| Buyer | UNITED CHURCH HOMES INC |
| Seller | FAIRWOOD VILLAGE INC |
1956 N Fairfield Rd Beavercreek Multifamily Investment
Positioned in a suburban pocket of Beavercreek with neighborhood occupancy around the mid-90s, the asset offers steady renter demand relative to the Dayton-Kettering metro. Mid-market rents and a strong local income profile, according to WDSuite’s CRE market data, point to durable leasing with room for targeted value-add.
This Beavercreek address sits in a Suburban neighborhood rated B+ and positioned above the national middle on several renter-relevant metrics. Neighborhood occupancy is 94.1% (neighborhood-level), which is above the national median and supportive of leasing stability, based on CRE market data from WDSuite.
Rents at the neighborhood level track near the national middle (median contract rent roughly in line with the 55th percentile nationally), which can support absorption while maintaining competitiveness. Within a 3-mile radius, the renter-occupied share is approximately 35% of housing units, indicating a meaningful tenant base for multifamily. Median household income in the neighborhood benchmarks in the 93rd percentile nationally, reinforcing the ability to pay and potential for retention.
Local livability skews auto-oriented with limited nearby retail and cafes (amenities score in lower national percentiles), so on-site features and convenient access to major corridors matter for resident appeal. The property’s 1988 vintage is older than the neighborhood’s newer average construction year (2014), suggesting scope for selective capital improvements to modernize interiors and common areas, which can enhance competitive positioning versus newer stock.
Demographic indicators aggregated within a 3-mile radius show households have grown modestly recently and are projected to expand further, even as average household size trends slightly lower. This combination typically broadens the renter pool and supports occupancy, particularly for well-maintained, appropriately amenitized units.
Safety indicators compare favorably at the national level, with the neighborhood scoring above the national median and recent year-over-year declines in both violent and property offenses, according to WDSuite’s CRE market data. This trend-driven context supports tenant retention and leasing stability without overstating block-level conditions.
As with most metros, safety varies by micro-location and over time. Investors should underwrite to ongoing monitoring and customary security measures, using neighborhood-level benchmarks as a comparative guide rather than definitive site-specific guarantees.
The wider Dayton–Cincinnati corridor provides a diversified employment base that supports renter demand through commute access to corporate services, healthcare, and industrial offices. Notable nearby employers include Waste Management, Anthem, AK Steel, Humana, and a Staples fulfillment operation.
- Waste Management — environmental services (17.1 miles)
- Anthem Inc Mason Campus II — insurance & health benefits (32.9 miles)
- AK Steel Holding — steel manufacturing offices (35.1 miles) — HQ
- Humana Pharmacy Solutions — healthcare services (36.4 miles)
- Staples Fulfillment Center — e‑commerce fulfillment (36.4 miles)
1956 N Fairfield Rd comprises 62 units built in 1988, offering a practical value-add angle in a neighborhood where newer product is common. Neighborhood occupancy of 94.1% and mid-market rents suggest steady absorption, while high local incomes support rent collections and modest pricing power. According to CRE market data from WDSuite, national-percentile indicators for income and safety run above median levels, helping underpin tenant retention.
The area’s auto-oriented profile and limited immediate amenities place emphasis on on-site features and management execution. With demographics within a 3-mile radius indicating a growing household base and slightly smaller household sizes, the renter pool should deepen over the medium term, favoring well-maintained, competitively positioned units.
- Stabilized neighborhood backdrop with occupancy around the mid-90s supporting leasing continuity
- 1988 vintage provides clear value-add and modernization potential versus newer nearby stock
- High-income profile and above-median safety indicators bolster collections and retention
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Risks: limited immediate amenities and potential competition from ownership options require careful positioning and asset upgrades