| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 70th | Best |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1351 Buckingham Gate Blvd, Cuyahoga Falls, OH, 44221, US |
| Region / Metro | Cuyahoga Falls |
| Year of Construction | 1996 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1351 Buckingham Gate Blvd, Cuyahoga Falls Multifamily
Renter-occupied housing is concentrated in this neighborhood, supporting a deeper tenant base even as neighborhood occupancy trends sit below Akron s median, according to WDSuite s CRE market data.
Located in an inner-suburban pocket of Cuyahoga Falls within the Akron metro, the neighborhood posts a B rating with performance that is competitive among Akron neighborhoods (ranked 43 out of 180 for demographics). Rents benchmark slightly above national medians while remaining manageable relative to local incomes, a combination that supports lease retention for workforce-oriented assets.
Amenities within the immediate neighborhood are limited compared with most Akron neighborhoods, so residents typically rely on nearby commercial corridors for daily needs. For investors, this places a premium on on-site features, convenient access routes, and unit functionality to drive leasing.
Renter-occupied share is high (ranked 7 of 180 metro neighborhoods), indicating a sizable pool of renters and potential demand depth for multifamily product. By contrast, the neighborhood s occupancy level ranks near the lower end of the metro (153 of 180), suggesting active leasing and renewal management may be necessary to sustain stability.
Within a 3-mile radius, population has been edging higher with a projected increase in households over the next five years, pointing to a larger tenant base and support for occupancy. Small average household sizes (top quartile nationally) often translate to steady demand for studios and one-bedrooms, aligning with smaller average unit footprints.
Home values in this submarket sit below national averages, which can make ownership comparatively accessible in the region; for multifamily owners, that dynamic can introduce competition with entry-level homeownership and warrants attention to pricing power and value proposition.
Neighborhood-level crime metrics are not available in WDSuite for this location. Investors should rely on customary due diligence including local law enforcement data, property-level incident reports, and insurer feedback to assess safety trends and their implications for leasing and retention.
Proximity to established employers supports workforce housing demand and commute convenience, led by utilities and manufacturing anchors along with regional logistics. The list below reflects nearby drivers most relevant to renter demand at this location.
- FirstEnergy utilities (4.0 miles) HQ
- Goodyear Tire & Rubber manufacturing (4.4 miles) HQ
- Norfolk Southern Motor Yard freight rail operations (15.2 miles)
- Home Depot Distribution Center logistics (18.0 miles)
- Erie Insurance Group insurance services (18.9 miles)
This 32-unit asset is positioned for workforce demand in an inner-suburban Akron setting with a high concentration of renter-occupied housing, supporting a deeper tenant base. While neighborhood occupancy ranks below metro norms, rent levels relative to incomes suggest room for steady leasing with attentive management, according to commercial real estate analysis from WDSuite. Limited immediate amenities increase the importance of on-site appeal and access to employment nodes.
Within a 3-mile radius, modest population growth and a projected increase in households point to renter pool expansion that can support occupancy stability. Lower home values versus national averages may temper pricing power at the margin by keeping ownership more attainable; however, proximity to major employers helps underpin day-to-day demand for well-managed, smaller-format units.
- High renter-occupied share indicates a deep tenant base and ongoing multifamily demand.
- Workforce orientation with rents manageable relative to local incomes supports lease retention.
- 3-mile radius shows population and household growth, reinforcing long-run absorption potential.
- Proximity to regional employers (utilities, manufacturing, logistics) supports day-to-day leasing.
- Risks: below-metro neighborhood occupancy and comparatively accessible homeownership require disciplined pricing, renewals, and marketing.