| 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 | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
262 Winter Pine Dr Findlay Multifamily Opportunity
Neighborhood occupancy is high and renter demand is supported by a strong income base, according to WDSuite’s CRE market data. The setting favors steady leasing with manageable affordability pressure for professionally managed multifamily.
Located in a suburban pocket of Findlay, the neighborhood ranks 1st out of 31 metro neighborhoods (A+), placing it in the top quartile nationally on overall livability and housing quality based on WDSuite’s CRE market data. Neighborhood occupancy is strong at roughly the mid-90s, which supports stable cash flow expectations for well-operated assets.
Rents sit near the metro median (nationally around mid-percentiles), and the rent-to-income ratio indicates limited affordability pressure locally—favorable for retention and measured pricing power. Median home values in this neighborhood are elevated versus many areas nationwide, which tends to reinforce reliance on multifamily rentals and can help sustain demand depth.
The average construction vintage in the neighborhood is early 2000s; with a 2000 build, the subject’s vintage is slightly older than the local average. Investors should underwrite routine modernization and systems updates to maintain competitiveness against newer stock while targeting selective value-add.
Unit tenure data indicates a moderate renter-occupied share in the neighborhood (around one-third), suggesting a defined but not oversupplied renter pool. Within a 3-mile radius, population and households have grown and are projected to continue expanding, pointing to a larger tenant base over time; smaller average household sizes in the forecast imply continued multifamily relevance and support for occupancy stability.
Amenity access is mixed: restaurant presence is serviceable, pharmacies are comparatively accessible (above many peers nationally), while cafes, groceries, and parks are limited in immediate proximity. This dynamic makes on-site conveniences and property-level programming more important to strengthen leasing and renewal outcomes.
Neighborhood safety benchmarks are competitive among Findlay neighborhoods, sitting mid-pack locally (19th of 31) and around the national middle on aggregate measures. Violent offense indicators trend favorable, scoring in a high national percentile, while property offense levels are closer to national mid-range.
Year-over-year changes show some variability, with a recent uptick in property-related incidents that merits monitoring in operations and tenant communications. Overall, the area compares above the metro average on several safety dimensions, but prudent risk management—lighting, access control, and coordination with local resources—remains advisable.
The employment base features a concentration of energy, manufacturing, and materials headquarters and offices within commuting distance, supporting renter demand and lease retention for workforce and professional tenants: Marathon Petroleum, Owens-Illinois, Dana, Dana Holding, and Owens Corning.
- Marathon Petroleum — energy HQ (3.0 miles) — HQ
- Owens-Illinois — glass & packaging (33.8 miles) — HQ
- Dana — auto components (36.9 miles)
- Dana Holding — auto components (36.9 miles) — HQ
- Owens Corning — building materials (42.0 miles) — HQ
This 120-unit, 2000-vintage asset benefits from an A+ neighborhood that ranks 1st of 31 in Findlay, with strong occupancy and an income profile that supports retention. Within a 3-mile radius, population and household growth point to a larger renter pool over time, and elevated ownership costs in the neighborhood help sustain reliance on multifamily. According to CRE market data from WDSuite, neighborhood occupancy trends sit above many national peers, reinforcing the case for stable leasing.
The vintage is slightly older than the local average, creating a practical path for value-add through common-area refreshes and unit updates to stay competitive with early-2000s stock. Amenity scarcity nearby and a recent uptick in property-related incidents are operational considerations, but proximity to anchor employers and manageable rent-to-income dynamics underpin the long-term thesis.
- A+ neighborhood (1st of 31) with strong occupancy supports steady cash flows
- Income base and elevated ownership costs bolster multifamily demand and retention
- 2000 vintage allows targeted value-add to compete with early-2000s stock
- Proximity to major employers supports leasing depth across workforce and professional tenants
- Risks: limited nearby amenities and recent property-offense uptick call for active asset management