| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 82nd | Best |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 454 Crestmont Ct, Copley, OH, 44321, US |
| Region / Metro | Copley |
| Year of Construction | 1998 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
454 Crestmont Ct Copley OH Multifamily Investment
Situated in an A+ suburban neighborhood with occupancy measured at the neighborhood level running above national medians, this 32-unit asset benefits from stable renter demand and strong income fundamentals, according to WDSuite’s CRE market data.
Copley sits in a top-ranked suburban pocket of the Akron metro (A+ neighborhood rating; competitive among 180 metro neighborhoods), signaling durable location fundamentals and leasing stability. Neighborhood occupancy trends are above national medians, reinforcing a steady baseline for collections and retention.
The property’s 1998 vintage is modestly newer than the neighborhood’s average construction year (1994). That relative positioning can support competitiveness versus older stock while still warranting standard capital planning for building systems and common-area modernization over a hold period.
Daily-life amenities are solid for a suburban location: restaurants and cafes perform competitively among Akron neighborhoods and score in higher national percentiles, while grocery access is similarly competitive. Park and pharmacy presence within the neighborhood is limited, so residents may rely on nearby submarkets for those needs—an operational consideration for marketing and tenant expectations.
Household incomes in the neighborhood rank in high national percentiles, and schools average in the top quartile nationally, both supportive of renter stability. At the same time, the share of housing units that are renter-occupied sits around one-quarter, indicating a defined but not dominant renter base. For investors, this points to a measurable depth of tenants with capacity to absorb market-rate rents, but with potential competition from ownership options.
Demographic statistics aggregated within a 3-mile radius show population and households expanding over the past five years, with projections indicating continued growth through 2028. This broadens the prospective tenant base and supports occupancy stability for well-positioned multifamily assets.
Comparable neighborhood-level safety metrics were not available in the current release of WDSuite for this location. Investors typically contextualize property performance using updated metro and national benchmarks as new data is published, and pair that with on-the-ground diligence and historical trend reviews.
Proximity to major corporate employers underpins renter demand through commute convenience and a diversified white-collar and industrial employment base, including utilities, manufacturing, logistics, and consumer goods.
- FirstEnergy — utilities (7.9 miles) — HQ
- Goodyear Tire & Rubber — manufacturing (10.5 miles) — HQ
- Norfolk Southern Motor Yard — rail logistics (16.1 miles)
- Airgas Merchant Gases — industrial gases (18.6 miles)
- J.M. Smucker — consumer packaged goods (20.0 miles) — HQ
This 32-unit asset benefits from top-tier neighborhood positioning within the Akron metro, where occupancy at the neighborhood level trends above national medians and incomes rank high nationally—factors that support rent collections and lease retention. According to CRE market data from WDSuite, the area also shows competitive amenity access (restaurants, cafes, grocery) and strong school quality, aligning with demand drivers for well-managed suburban multifamily.
Built in 1998, the property is slightly newer than the local average vintage, offering relative competitiveness against older stock while still calling for prudent capex planning to maintain interiors, building systems, and curb appeal. With renter-occupied housing representing roughly a quarter of neighborhood units, the tenant base is meaningful yet not dominant, suggesting stable demand with some competition from ownership—an execution item for pricing and product positioning.
- Top-ranked suburban location within the Akron metro supports occupancy stability and leasing velocity.
- 1998 vintage offers competitive positioning versus older stock, with manageable modernization needs.
- High-income consumer base and strong schools underpin rent collections and renewal potential.
- Employer access across utilities, manufacturing, logistics, and consumer goods supports diversified renter demand.
- Risk: ownership alternatives and limited nearby parks/pharmacies require careful pricing and amenity strategy.