| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Best |
| Demographics | 57th | Best |
| Amenities | 37th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Sandy Ct, New Middletown, OH, 44442, US |
| Region / Metro | New Middletown |
| Year of Construction | 1990 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Sandy Ct New Middletown, Ohio Multifamily Investment
Neighborhood occupancy is strong and supports steady leasing, according to WDSuite’s CRE market data, positioning this 40-unit asset for durable cash flow in a rural Youngstown-Warren-Boardman submarket.
Set within a rural pocket of the Youngstown-Warren-Boardman metro, the neighborhood carries an A rating and is competitive among 222 metro neighborhoods (ranked 24th of 222). Occupancy trends are top quartile nationally, which supports income stability and lowers turnover risk for multifamily operators, based on CRE market data from WDSuite.
Local livability skews quiet with limited retail density; grocery access is around the national middle while cafes and pharmacies are sparse. That amenity mix favors residents prioritizing space and convenience over entertainment clusters, which can translate to longer tenures and predictable demand for workforce-oriented units.
Schools score in the top quartile nationally, a positive signal for family renters and lease retention. Median contract rents in the neighborhood sit near the national mid-range, and the rent-to-income profile indicates manageable affordability pressure—supporting stable collections while limiting near-term pricing power.
Vintage in the area trends slightly newer than this asset (average 1994 vs. property year 1990). That gap points to light-to-moderate capital planning needs and potential value-add upside through interior refresh and systems modernization to stay competitive against newer stock.
Tenure data shows a modest renter-occupied share at the neighborhood level, implying a thinner but steady tenant base. Within a 3-mile radius, population and household counts have been growing and are projected to continue increasing, expanding the renter pool and supporting occupancy resilience over the next few years.
Safety signals are mixed: within the metro, the neighborhood sees relatively higher reported incidents than many peers, but nationally it performs better than average, especially on property offense rates. Recent trends indicate a meaningful decline in estimated property offenses year over year, suggesting improving conditions.
For investors, the takeaway is to underwrite prudent security measures and resident communication while recognizing that national comparisons place the area in the stronger half for safety. Monitoring trend data alongside on-site practices can help sustain retention and protect operating performance.
Proximity to regional employers supports a commuter renter base and reinforces weekday occupancy. Notable nearby employers span rail transportation, healthcare distribution, and retail corporate operations.
- Norfolk Southern — rail transportation (20.4 miles)
- Cardinal Health — healthcare distribution (31.6 miles)
- Dick's Sporting Goods — retail corporate offices (35.5 miles) — HQ
This 1990-vintage, 40-unit asset benefits from a high-occupancy neighborhood and a renter base anchored by steady commuter employment. According to CRE market data from WDSuite, the area ranks competitively within the metro and posts top-quartile national occupancy, supporting consistent NOI and reduced downtime between turns. While the amenity footprint is light, school quality is strong and household growth within a 3-mile radius indicates an expanding tenant pool that can sustain leasing stability.
Relative to the neighborhood’s slightly newer average vintage, targeted renovations and systems updates can enhance positioning versus nearby stock. Ownership costs in the broader area are relatively accessible, which can temper rent growth at the margins; thoughtful asset management and value-add execution can reinforce retention and drive balanced performance.
- High neighborhood occupancy and nationally strong safety positioning support stable leasing and collections
- 1990 vintage offers value-add potential through targeted interior and systems modernization
- Commuter access to regional employers underpins weekday occupancy and demand durability
- Household growth within 3 miles expands the renter pool and supports occupancy resilience
- Risk: lighter amenity base and relatively accessible homeownership can moderate near-term pricing power