| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Best |
| Demographics | 54th | Good |
| Amenities | 39th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 98 Rawlins Way, Clyde, OH, 43410, US |
| Region / Metro | Clyde |
| Year of Construction | 1992 |
| Units | 38 |
| Transaction Date | 2011-02-09 |
| Transaction Price | $675,000 |
| Buyer | S C MANOR LTD |
| Seller | CLYDE MANOR |
98 Rawlins Way, Clyde OH Multifamily Investment
Neighborhood occupancy trends are strong and support steady tenancy for a 38-unit asset, according to WDSuite’s CRE market data. Renter-occupied housing is meaningful in the area, pointing to a durable tenant base rather than transient demand.
Clyde sits within the Fremont, OH metro and this rural neighborhood carries an A+ rating with a top overall rank (1 of 31 metro neighborhoods). Local occupancy is high by national standards, supporting leasing stability and reducing downtime between turns. The neighborhood’s renter-occupied share is solid for a smaller market, indicating sufficient depth in the tenant pool for a 38-unit property.
Livability skew is practical rather than urban: restaurants are present at levels around the national middle, while parks and childcare access register above the national median. Cafes and pharmacies are thinner, consistent with a rural setting. Average school quality is comparatively strong (ranked 2 of 31 in the metro and in the top quartile nationally), which can aid retention for households prioritizing school access.
The property’s 1992 construction is newer than the neighborhood’s older housing stock (average vintage mid-1960s). That positioning can be competitive against older comparables, while investors should still plan for selective modernization and system updates to support rent trade‑ups.
Demographics aggregated within a 3-mile radius show modest recent population growth with faster household formation and a slight downshift in household size, expanding the renter pool over time. Median home values in the neighborhood are relatively low versus national norms, which can create some competition from ownership; however, rent-to-income levels sit near the national middle, suggesting manageable affordability pressure and supporting lease retention.
Safety indicators are mixed: within the Fremont metro, the neighborhood’s crime rank (4 of 31) places it toward the higher-crime end locally. Nationally, however, the area trends safer than the median U.S. neighborhood, with violent and property offense measures sitting around or above the national middle.
Recent direction is favorable. Year over year, estimated violent and property offense rates have declined meaningfully, indicating improving conditions rather than deterioration. For investors, this suggests a supportive backdrop for tenant retention, while on-the-ground management and standard security measures remain prudent.
Regional employment anchors within commuting range include manufacturing and energy corporates that help sustain workforce housing demand and leasing stability: Owens Corning, Owens-Illinois, Dana Holding Corporation, and Marathon Petroleum.
- Owens Corning — building materials (36.9 miles) — HQ
- Owens-Illinois — glass packaging (37.8 miles) — HQ
- Dana Holding Corporation — auto parts (39.7 miles)
- Marathon Petroleum — energy (40.1 miles) — HQ
This 38-unit asset at 98 Rawlins Way benefits from a high-occupancy neighborhood and a renter base that is meaningful for a rural market. According to CRE market data from WDSuite, local occupancy stands well above national medians, reinforcing a case for stable cash flow with routine leasing effort. The area’s school quality and steady employment access support retention, while median rents trend on the lower side nationally, leaving room for thoughtful upgrades tied to operational execution.
Built in 1992, the property is newer than much of the surrounding stock, offering competitive positioning versus older comparables. Investors should plan for targeted modernization and capital planning to capture value-add upside while monitoring two key dynamics: the area’s relatively accessible ownership costs, which can compete with renting, and mixed but improving safety metrics that still warrant standard risk management.
- High neighborhood occupancy supports leasing stability and lower downtime
- 1992 vintage offers competitive edge versus older local stock with selective renovation upside
- Household growth within 3 miles expands the renter pool and supports demand
- Employment anchors within commuting range underpin workforce housing demand
- Risks: ownership alternatives in a lower-cost market and locally higher crime rank versus the metro