| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 79th | Best |
| Amenities | 19th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 262 Winter Pine Dr, Findlay, OH, 45840, US |
| Region / Metro | Findlay |
| Year of Construction | 2000 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
262 Winter Pine Dr, Findlay Multifamily Opportunity
Positioned in a suburban A+ neighborhood with strong occupancy and steady renter demand, this 30-unit asset benefits from stable fundamentals according to WDSuite’s CRE market data. Neighborhood occupancy is measured for the area, not the property, and indicates durable leasing conditions in Findlay.
The property sits in a suburban pocket of Findlay rated A+ among 31 metro neighborhoods, reflecting strong overall fundamentals and household stability. Neighborhood occupancy is 97% (area metric), which is competitive among Findlay neighborhoods and in the top quartile nationally, supporting consistent leasing and lower downtime risk.
Local amenity density within the neighborhood is limited for cafes, groceries, and parks, while pharmacy access is comparatively better. For investors, this suggests residents likely rely on nearby commercial corridors for daily needs; demand tends to hinge more on housing quality, pricing, and commute convenience than on walkable retail.
Housing dynamics show a renter-occupied share around 30% at the neighborhood level, indicating a balanced tenure mix and a meaningful, but not oversupplied, tenant base. In a market where median home values rank among the higher tiers for the Findlay metro and above the national median, elevated ownership costs can sustain multifamily demand and support retention, especially when rent-to-income ratios remain manageable.
Within a 3-mile radius, population growth has been positive and households have increased, with projections calling for further household expansion—pointing to a larger tenant base and support for occupancy stability. Income levels have trended upward as well, which can underpin rent collections and measured rent growth; based on multifamily property research from WDSuite, neighborhood rents sit near national midrange, reinforcing relative affordability for working households.
Safety indicators for the neighborhood are mixed. Overall crime levels are near the metro middle (ranked 19 out of 31 neighborhoods), while national comparisons suggest average conditions overall. Violent offense rates benchmark in a stronger national position (top quartile nationally), and property offenses land closer to the national middle. Recent one-year changes show some uptick in both violent and property offenses; investors should monitor trend direction and management practices that support resident safety and retention.
The area draws on a diverse employment base anchored by corporate offices that help support renter demand and retention through steady commuter inflows. Nearby anchors include Marathon Petroleum, Owens-Illinois, Dana, Dana Holding, and Owens Corning.
- Marathon Petroleum — corporate offices (3.0 miles) — HQ
- Owens-Illinois — corporate offices (33.8 miles) — HQ
- Dana — corporate offices (36.9 miles)
- Dana Holding — corporate offices (36.9 miles) — HQ
- Owens Corning — corporate offices (42.0 miles) — HQ
262 Winter Pine Dr offers exposure to an A+ suburban neighborhood where area occupancy is high and renter demand is supported by an expanding household base within 3 miles. Above-median home values for the metro reinforce renter reliance on multifamily housing, while neighborhood rent levels and a favorable rent-to-income profile support retention and lease stability, according to CRE market data from WDSuite.
Employer proximity—most notably Marathon Petroleum—adds commute convenience that can aid leasing and renewals. Amenity density inside the neighborhood is thin, but residents can access services along nearby corridors; this places emphasis on property operations, pricing, and unit quality to capture steady demand.
- Competitive neighborhood occupancy and renter demand support leasing stability
- Above-median home values in the metro sustain multifamily reliance and pricing power
- Expanding 3-mile household base and rising incomes underpin a deeper tenant pool
- Proximity to anchor employers (e.g., Marathon Petroleum) supports retention
- Risks: limited walkable amenities and recent safety upticks warrant ongoing monitoring and active management