| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 34th | Fair |
| Demographics | 54th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Bette, Port Clinton, OH, 43452, US |
| Region / Metro | Port Clinton |
| Year of Construction | 1992 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Bette Port Clinton OH Multifamily Investment
1992 vintage in an owner‑heavy pocket of Port Clinton offers competitive positioning versus older local stock; according to WDSuite’s CRE market data, the neighborhood ranks in the top quartile of Toledo for overall quality with solid amenity access that can support renter demand.
The neighborhood is competitive among Toledo submarkets, with a top‑quartile position (rank 59 out of 244 metro neighborhoods). Restaurant and cafe density rank well (ranks 35 and 27 out of 244), and grocery and pharmacy access are also relatively strong (ranks 61 and 41). Park access is limited (rank 244 of 244), so outdoor space and on‑site amenities may be meaningful differentiators for leasing.
The subject’s 1992 construction is newer than the area’s average vintage (1968), which can enhance its competitive set versus older product. Investors should still plan for targeted modernization as systems age, but the relative vintage advantage can support positioning without the full capital burden typical of mid‑century assets.
Neighborhood occupancy is below metro norms (rank 212 of 244; lower national percentile), signaling potential lease‑up and retention work to sustain stability. Renter‑occupied housing comprises a smaller share locally (around the metro median by national percentile), which implies a thinner renter pool but can also reduce turnover pressures when properties are well‑managed.
Within a 3‑mile radius, households have increased over the last five years and are projected to continue growing, even as population trends edge down—pointing to smaller household sizes and a gradual expansion of the renter base. Median home values sit in a lower national percentile, which can introduce some competition from ownership; however, moderate rents and a rent‑to‑income profile near regional norms can aid lease retention and pricing discipline. School quality trends above national midline (73rd percentile), a positive factor for family renters and longer‑term tenancy.
Safety conditions are comparatively favorable versus both metro and national benchmarks. The neighborhood’s safety rank sits in the stronger tier of the Toledo area (crime rank 35 out of 244 metro neighborhoods), and national percentiles indicate relatively safer conditions overall (higher is safer). Property offense measures align with a high national safety percentile, and recent trend data show meaningful improvement in property incidents. Violent offense metrics sit in a higher safety percentile nationally as well, though the most recent year reflected an uptick that warrants continued monitoring and proactive site security.
Regional employment anchors within commuting distance support demand from households tied to manufacturing and building materials—important for workforce housing and retention. Key employers include Owens Corning, Dana, and Owens‑Illinois.
- Owens Corning — building materials (33.6 miles) — HQ
- Dana Holding Corporation — auto parts (35.2 miles)
- Owens-Illinois — glass containers (38.2 miles) — HQ
- Dana — auto parts (40.8 miles)
100 Bette offers a 1992 multifamily vintage in a Toledo‑area neighborhood that scores in the metro’s top quartile, with amenity access that supports day‑to‑day livability. According to CRE market data from WDSuite, neighborhood occupancy trends trail metro norms and renter concentration is modest, suggesting the business plan should emphasize leasing execution, renewals, and asset differentiation. The newer‑than‑average vintage can provide a competitive edge versus older local stock while leaving room for selective value‑add to refresh interiors and common areas.
Within a 3‑mile radius, households have been rising and are projected to expand further, indicating a gradually larger tenant base even as population growth softens—a dynamic that can support occupancy stability. Moderate rent levels relative to incomes point to manageable affordability pressure, aiding retention, while lower local home values could create some competition from ownership, reinforcing the importance of operational discipline and amenity positioning.
- 1992 vintage offers competitive positioning versus older neighborhood stock with targeted value‑add potential
- Top‑quartile neighborhood rank in Toledo supports renter appeal through solid amenity access
- Household growth within 3 miles expands the tenant base, supporting occupancy stability over time
- Moderate rent‑to‑income dynamics aid retention and pricing discipline in lease management
- Risks: below‑metro occupancy, smaller renter pool, and some competition from ownership options