| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 66th | Good |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1000 Clubhouse Dr, Dayton, OH, 45449, US |
| Region / Metro | Dayton |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1000 Clubhouse Dr, Dayton 24-Unit Multifamily
Neighborhood fundamentals point to durable renter demand and occupancy stability in the immediate area, according to CRE market data from WDSuite, with a renter-occupied concentration and tight vacancies measured for the neighborhood rather than the property itself.
The property sits in an inner-suburban pocket of the Dayton-Kettering metro that ranks 34 out of 228 neighborhoods, making it competitive among Dayton-Kettering neighborhoods based on WDSuite s CRE indicators. The neighborhood s occupancy is tight and has trended higher over the last five years, suggesting stable leasing conditions at the neighborhood level rather than for this specific asset.
Local livability supports renter appeal: restaurants are dense (top quartile nationally), and grocery and pharmacy access track above the national median, while parks and cafes are limited. Childcare coverage is in the top quartile nationally, which can aid retention for households seeking convenience. Average school ratings are not reported here, so investors should underwrite education preferences via third-party diligence if relevant to the tenant profile.
Tenure patterns indicate depth in the renter pool: the neighborhood shows a majority share of housing units as renter-occupied, which supports multifamily demand and reduces lease-up risk relative to owner-heavy submarkets. Median contract rents in the neighborhood sit below national levels, helping manage affordability pressure and supporting lease retention.
Within a 3-mile radius, demographic data point to modest population growth historically and continued expansion in both households and incomes over the next five years. Rising median incomes and a projected increase in households expand the tenant base and can support occupancy stability and measured rent growth at the neighborhood level.
The typical construction vintage nearby averages late-1970s. With a 1987 build, this asset is newer than the neighborhood average, positioning it competitively versus older stock. Investors should still plan for modernization of aging systems as part of long-term capital planning.
Safety indicators for the neighborhood track below national averages, with the area ranking 196 out of 228 Dayton-Kettering neighborhoods based on WDSuite s data. That places the neighborhood below the metro median and suggests investors should budget for prudent security measures and active property management to support tenant retention.
Recent year-over-year changes in both property and violent offense measures indicate volatility at the neighborhood level rather than block-by-block conditions. A conservative approach such as lighting, access controls, and resident engagement can help mitigate risk. Compare these trends against peer neighborhoods during underwriting to set appropriate operating assumptions.
Regional employers within commuting range provide a diversified white-collar employment base that supports renter demand and retention, including Anthem, AK Steel, Humana, Duke Energy, and Cincinnati Financial.
- Anthem Inc Mason Campus II corporate offices (23.7 miles)
- AK Steel Holding corporate offices (24.3 miles) HQ
- Humana Pharmacy Solutions corporate offices (25.7 miles)
- Duke Energy corporate offices (26.9 miles)
- Cincinnati Financial corporate offices (28.0 miles) HQ
This 24-unit, 1987-vintage property aligns with a neighborhood that shows tight occupancy and a majority renter-occupied housing base, supporting day-one leasing stability and depth of demand. Based on CRE market data from WDSuite, the neighborhood rates competitively within the Dayton-Kettering metro and benefits from strong everyday amenities (restaurants, grocery, pharmacy) that bolster renter convenience. Relative to the area s older housing stock, the 1987 vintage offers a positioning edge versus older comparables, though investors should expect system modernization and interior refresh to remain part of the value plan.
Within a 3-mile radius, population and household counts are projected to increase alongside rising household incomes, pointing to a larger tenant base and support for rent growth over time. At the same time, more accessible ownership costs in the broader area can introduce competitive pressure, making asset quality, management, and amenities important to sustain pricing power and retention.
- Tight neighborhood occupancy and majority renter-occupied housing support demand and leasing stability
- 1987 vintage is newer than nearby stock, with potential to out-compete older assets after targeted upgrades
- 3-mile radius shows growing households and rising incomes, expanding the tenant base
- Everyday amenities (restaurants, grocery, pharmacy) support retention and leasing velocity
- Risks: neighborhood safety readings below metro averages and relatively accessible ownership options require active management and competitive positioning