| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 82nd | Best |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 528 Rothrock Rd, Copley, OH, 44321, US |
| Region / Metro | Copley |
| Year of Construction | 2007 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
528 Rothrock Rd, Copley OH Multifamily Investment
Positioned in a high-income suburban pocket with steady, above-metro occupancy in the surrounding neighborhood, this 120-unit asset offers durable renter demand and competitive positioning for a 2007 vintage. Insights are based on CRE market data from WDSuite, highlighting stability supported by strong local fundamentals.
The property sits in an A+ rated suburban neighborhood within the Akron metro, part of the market’s top tier among 180 neighborhoods. According to WDSuite’s CRE market data, neighborhood occupancy has held in the mid-90s and remains above the metro median, supporting income stability for professionally managed multifamily assets.
Livability and amenities: Dining density is competitive among Akron neighborhoods and in the top quartile nationally, while cafes and childcare availability also benchmark above national norms. While park and pharmacy density is limited nearby, day-to-day services and restaurants remain accessible for residents.
Schools and demographics: Average school ratings near 4 out of 5 place the area above most peers (top quartile nationally), a draw for family renters. Within a 3-mile radius, recent population and household growth indicate a larger tenant base ahead, with high household incomes that can support rent levels and reduce turnover risk.
Housing, rents, and tenure: Neighborhood rents have trended upward over the last five years and the rent-to-income ratio sits low by national benchmarks, suggesting manageable affordability pressure and potential pricing power. Renter-occupied share in the neighborhood is roughly one-quarter of housing units, implying a shallower but stable renter pool where well-maintained assets can hold occupancy.
Asset positioning: Built in 2007 versus a neighborhood average vintage from the mid-1990s, the property is newer than much of the local stock—supporting competitive appeal and potentially moderating near-term capital expenditure needs, while still allowing for targeted value-add and modernization strategies.
Neighborhood-level crime benchmarks for this area are not available in the current WDSuite dataset, so investors should reference broader Akron metro trends and comparable suburban submarkets for context rather than drawing block-level conclusions. Property-level measures such as access control, lighting, and resident screening typically play an important role in retention and leasing stability.
When underwriting, consider reviewing recent municipal reports and insurer loss runs, and compare against peer neighborhoods in the metro to gauge whether safety perceptions align with observed leasing performance and rent achievement.
Proximity to major corporate employers supports commuter convenience and broadens the renter base, spanning utilities, manufacturing, transportation, and consumer goods within a 20-mile radius.
- FirstEnergy — utilities (7.3 miles) — HQ
- Goodyear Tire & Rubber — manufacturing (9.9 miles) — HQ
- Norfolk Southern Motor Yard — transportation & logistics (16.3 miles)
- Airgas Merchant Gases — industrial gases (19.1 miles)
- J.M. Smucker — consumer packaged goods (19.7 miles) — HQ
This 2007-vintage, 120-unit community benefits from a high-income suburban setting, above-metro neighborhood occupancy, and a renter base supported by proximity to anchor employers. Elevated home values in the area reinforce reliance on multifamily housing, while a low rent-to-income profile by national benchmarks supports retention and measured pricing power, according to CRE market data from WDSuite.
Within a 3-mile radius, recent population and household growth point to a larger tenant base over time. Renter-occupied share is roughly one-fifth to one-quarter of housing units—shallower than urban cores but consistent with stable suburban demand—suggesting steady leasing when product is well-maintained. The newer vintage relative to the neighborhood’s mid-1990s average reduces immediate capital needs and offers targeted value-add potential to enhance competitiveness against older stock.
- Newer 2007 construction versus local averages supports competitive positioning and moderates near-term capex
- Above-metro neighborhood occupancy and high household incomes underpin rent collections and retention
- Proximity to HQ employers expands the commuter renter base and supports leasing stability
- Elevated ownership costs in the area reinforce multifamily demand, aiding long-term occupancy
- Risks: thinner renter pool for larger lease-ups and limited park/pharmacy density call for conservative underwriting