| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Good |
| Demographics | 32nd | Poor |
| Amenities | 18th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Morgan St, Oak Hill, OH, 45656, US |
| Region / Metro | Oak Hill |
| Year of Construction | 1977 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Morgan St Oak Hill Workforce Multifamily Opportunity
Neighborhood-level metrics point to durable renter demand drivers rather than luxury appeal, according to WDSuite’s CRE market data. These indicators reflect the surrounding area, not the property, and suggest an income-sensitive tenant base where operational execution can support steady performance.
Oak Hill’s B+–rated neighborhood ranks 8th out of 20 within the Jackson metro, placing it above the metro median for overall performance based on CRE market data from WDSuite. The area is rural with limited destination amenities (few cafes, restaurants, and parks), but everyday needs are serviceable with grocery and pharmacy access closer to the middle of national comparisons.
The housing stock skews older locally (average early 1970s). With a 1977 vintage, the property is slightly newer than the neighborhood norm, which can enhance competitiveness versus older stock, though investors should plan for ongoing system updates and targeted renovations as part of capital planning.
Neighborhood occupancy is below the metro median, while the share of renter-occupied units is competitive among Jackson neighborhoods. Together, this points to a modest but meaningful tenant pool where leasing results hinge on price, finishes, and management. Median home values trend on the lower side for the region, which can introduce ownership competition; however, rent-to-income levels indicate manageable rents that can aid retention and reduce turnover risk.
Within a 3-mile radius, demographics show recent population softening with households roughly flat and forecasts calling for slight population growth ahead. These patterns imply a stable to gradually expanding renter base, supporting occupancy stability for well-positioned workforce product. School ratings sit below national averages, which may matter for family-oriented leasing but is less material for studios and smaller household profiles.
Standardized neighborhood crime data is not available in WDSuite for this area, so comparative safety rankings cannot be provided. Investors should supplement this analysis with local law enforcement reports and insurer loss data to benchmark trends versus Jackson County and peer rural submarkets.
Employment access is supported by regional industrial and manufacturing nodes that draw a commuting workforce. Notable nearby employers include General Mills and AK Steel, which can underpin renter demand for cost-conscious housing.
- General Mills — food manufacturing (13.5 miles)
- Ak Steel — steel manufacturing (28.6 miles)
Built in 1977, this 29-unit asset fits the local workforce profile and competes favorably against older neighborhood stock. According to CRE market data from WDSuite, the surrounding area is above the metro median overall, with a renter-occupied share that supports a viable tenant base despite below-median neighborhood occupancy. Lower regional home values can create ownership alternatives, but income-aligned rents and thoughtful renovations can support retention and steady leasing.
Forward-looking 3-mile indicators point to roughly stable households with modest population growth, suggesting a steady renter pool rather than outsized expansion. The investment case centers on disciplined operations, selective value-add, and price-sensitive positioning to capture demand from commuters to regional employers.
- 1977 vintage offers light-to-moderate value-add potential versus older neighborhood stock
- Above-median neighborhood standing with a meaningful renter-occupied share supports demand depth
- Income-aligned rents can aid retention and reduce turnover in a cost-conscious market
- Proximity to regional manufacturing employers supports workforce housing fundamentals
- Risks: below-median neighborhood occupancy, limited amenity density, and potential competition from attainable ownership