| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 77th | Best |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 201 Holl Rd NE, North Canton, OH, 44720, US |
| Region / Metro | North Canton |
| Year of Construction | 1993 |
| Units | 67 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
201 Holl Rd NE North Canton 67-Unit Multifamily
Neighborhood occupancy trends point to stable renter demand in this A-rated North Canton pocket, according to WDSuite’s CRE market data. The 1993 vintage positions the asset competitively versus older local stock while leaving room for targeted modernization.
The property sits in an A-rated suburban neighborhood ranked 8th out of 132 within the Canton-Massillon metro, placing it in the top quartile among metro neighborhoods. Local fundamentals show steady renter demand, with the neighborhood occupancy rate around 96.5%, which is strong compared with many U.S. locations. Median contract rents remain measured, and a rent-to-income profile in this area suggests manageable affordability pressure that can support retention.
Livability indicators are balanced for a suburban setting. Cafes and pharmacies score competitively (both above metro medians), while parks and childcare access are thinner and may matter for certain tenant segments. Schools are a notable strength: the neighborhood’s average school rating ranks 1st of 132 in the metro and is in the 100th percentile nationally, a factor that can aid leasing velocity for larger floor plans.
Within a 3-mile radius, demographics indicate a stable base with gradual population growth and a rising household count, translating to a larger tenant base over time. Roughly one-third of housing units are renter-occupied in the 3-mile area, signaling a meaningful, if not dominant, renter concentration that supports multifamily demand. As part of multifamily property research, the area’s median home values are moderate by national standards, which can create some competition from ownership but still leaves a sizable pool of households relying on rentals.
Vintage also matters for positioning: the average construction year in the neighborhood skews older (mid-1960s), while this asset’s 1993 build is newer than much of the surrounding stock. That relative youth can improve competitive standing versus older buildings, though investors should still plan for system upgrades and selective renovations to meet current renter expectations.
Neighborhood-level crime metrics are not available in WDSuite for this location. Investors typically benchmark safety by comparing neighborhood trends with city and metro reports and by assessing on-the-ground indicators such as property upkeep and visibility, rather than relying on block-level claims. Use consistent, apples-to-apples comparisons across Canton-Massillon neighborhoods when evaluating relative risk.
Nearby employers span insurance, manufacturing, utilities, food products, and packaging—diversifying the employment base and supporting renter demand through commute convenience to these nodes.
- Erie Insurance Group — insurance (3.3 miles)
- Goodyear Tire & Rubber — tire manufacturing (12.5 miles) — HQ
- FirstEnergy — utilities (14.8 miles) — HQ
- J.M. Smucker — food products (19.1 miles) — HQ
- International Paper Company — packaging & paper (27.9 miles)
201 Holl Rd NE offers 67 units built in 1993 with larger average floor plans, positioning it competitively against an older local baseline while leaving room for value-add updates. Neighborhood fundamentals are solid: occupancy is strong, schools are a metro standout (1st of 132), and nearby amenities are adequate for a suburban location, supporting leasing stability and renewal potential.
Demand drivers are diversified. Within a 3-mile radius, population and households are trending upward, indicating a gradually expanding renter pool. Ownership remains attainable in the area, which can introduce some competition, yet measured rents and a balanced rent-to-income profile help sustain tenant retention. According to CRE market data from WDSuite, the neighborhood’s high occupancy and amenity mix are consistent with above-median performance in the metro, while the asset’s 1993 vintage suggests manageable capital planning focused on modernization rather than full repositioning.
- Strong neighborhood positioning (top quartile among 132 metro neighborhoods) supports occupancy stability
- 1993 vintage and larger average unit sizes create competitive differentiation versus older stock
- Expanding 3-mile household base and diversified nearby employers underpin renter demand
- School quality (1st of 132 metro neighborhoods) can aid leasing for family-oriented units
- Risks: thinner park/childcare access, attainable ownership alternatives, and aging building systems requiring targeted updates