| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Best |
| Demographics | 52nd | Good |
| Amenities | 44th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1341 Brandywine Pl, Zanesville, OH, 43701, US |
| Region / Metro | Zanesville |
| Year of Construction | 1980 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1341 Brandywine Pl, Zanesville OH Multifamily Investment
Neighborhood occupancy trends and a solid renter base point to steady lease-up and retention potential, according to WDSuite’s CRE market data. Positioning at attainable price points in Zanesville can capture durable demand without relying on outsized rent growth.
This Inner Suburb location in Zanesville ranks 2nd among 43 metro neighborhoods (A+ rating), signaling competitive fundamentals versus the broader market. Neighborhood occupancy is reported at 92.3% — a level that supports stable operations at the submarket scale rather than property-specific outcomes. The area’s renter-occupied share is meaningful, indicating depth in the tenant base for multifamily investors and supporting day-to-day leasing velocity.
Within a 3-mile radius, population and households have been trending upward and are projected to continue growing, expanding the local renter pool and supporting occupancy stability. Forecasts also indicate a greater share of renter-occupied housing ahead, which can reinforce demand for professionally managed units and reduce downtime between turns.
Local livability drivers are balanced: restaurants and pharmacies are relatively convenient compared with many neighborhoods nationwide, while parks and childcare are limited. For investors, this mix suggests day-to-day convenience for residents but highlights an opportunity to emphasize on-site community features or partnerships to offset amenity gaps.
Home values in the neighborhood sit below many national gateway markets, and rent-to-income metrics benchmark favorably, which can sustain renter reliance on multifamily housing and support lease retention. Compared with metro and national CRE trends, this combination of attainable living costs and a steady renter concentration points to consistent renter demand rather than volatility.
Safety indicators are mixed when viewed against both metro peers and national benchmarks. The neighborhood’s crime rank sits in the lower half among 43 Zanesville-area neighborhoods, indicating comparatively higher crime than many local peers. Nationally, violent-offense metrics score in a stronger percentile than property offenses, suggesting relatively better performance on serious incidents, while property crime trends have shown recent increases.
For underwriting, this pattern argues for standard risk controls: emphasize lighting and access management, coordinate with local community resources, and calibrate marketing to resident segments that value value-oriented housing with routine security measures. Always rely on current, property-specific data during diligence, as neighborhood figures reflect broader patterns rather than conditions at the asset.
Proximity to distribution and logistics employment helps support workforce housing demand and commuting convenience for renters. The following employer presence represents nearby drivers of tenant traffic and retention potential.
- Autozone Distribution Center — logistics/distribution (6.7 miles)
This 54-unit asset in Zanesville is positioned to benefit from a steady neighborhood renter base, occupancy levels that are competitive among metro peers, and attainable rent positioning that supports retention and leasing momentum. Based on CRE market data from WDSuite, local rent-to-income benchmarks and a projected increase in nearby households within a 3-mile radius point to sustained renter demand rather than dependence on aggressive rent growth assumptions.
Forward-looking demographic trends indicate a larger tenant base and a growing share of renter-occupied housing, which can help stabilize occupancy through cycles. Operational focus on resident experience and cost control should be rewarded in this context, while prudent attention to security, amenity gaps, and routine capital planning remains important.
- Renter depth: meaningful neighborhood renter-occupied share supports demand and day-to-day leasing velocity.
- Occupancy backdrop: neighborhood occupancy levels are competitive among Zanesville submarkets, aiding stability.
- Demand tailwinds: 3-mile population and household growth expand the local renter pool and support retention.
- Attainable positioning: favorable rent-to-income dynamics provide room for disciplined revenue management.
- Risks: mixed crime signals and limited neighborhood parks/childcare call for standard security and amenity strategies.