| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 70th | Best |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1810 Beacon Hill Cir, Cuyahoga Falls, OH, 44221, US |
| Region / Metro | Cuyahoga Falls |
| Year of Construction | 1993 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1810 Beacon Hill Cir, Cuyahoga Falls Multifamily Investment
High renter concentration in the neighborhood supports a durable tenant base, according to WDSuite’s CRE market data, though these metrics reflect neighborhood conditions rather than the property itself.
Located in an inner-suburb pocket of Cuyahoga Falls within the Akron metro, the area scores a B- neighborhood rating and sits around the middle of the pack locally (ranked 100 among 180 Akron neighborhoods). Investors should read this as stable but not prime, with fundamentals that can support workforce-oriented demand.
Neighborhood-level amenities are limited by WDSuite’s counts (amenities, groceries, cafes, restaurants, and parks all rank at the bottom of the Akron distribution), so residents likely rely on nearby commercial corridors and the broader Akron–Cuyahoga Falls network for daily needs. This amenity-light profile places a premium on convenient access and on-site community features to aid retention.
Renter-occupied housing is high for the area, with the neighborhood’s renter concentration ranking 7th of 180 neighborhoods—competitive at the top end locally and supportive of multifamily demand depth. By contrast, neighborhood occupancy ranks 153 of 180, below the metro average, signaling the need for disciplined leasing strategy and competitive positioning to sustain stabilization.
Within a 3-mile radius, population has grown modestly in recent years and is projected to expand further, with households increasing and incomes rising. This points to a gradually enlarging tenant base and improving ability to absorb rent growth over time. Home values in the neighborhood sit lower relative to many U.S. areas (national percentile near the lower third), which can introduce some competition from ownership; however, rent-to-income levels in the neighborhood indicate manageable affordability that can support lease retention and steady occupancy management.
Neighborhood-level crime statistics for this location are not available in WDSuite’s dataset for the Akron metro. Investors should benchmark site-specific conditions against city and regional trends using local public sources and lender/insurance diligence. Avoid extrapolating block-level conclusions without corroborating data.
The Akron–Cuyahoga Falls employment base includes utilities, manufacturing, rail logistics, and large-scale distribution, supporting commuter demand and lease stability for workforce housing. Nearby anchors include FirstEnergy, Goodyear Tire & Rubber, Norfolk Southern Motor Yard, Home Depot Distribution Center, and Erie Insurance Group.
- FirstEnergy — utilities (4.1 miles) — HQ
- Goodyear Tire & Rubber — manufacturing (4.4 miles) — HQ
- Norfolk Southern Motor Yard — rail logistics (15.2 miles)
- Home Depot Distribution Center — distribution (18.0 miles)
- Erie Insurance Group — insurance (18.9 miles)
Built in 1993, the asset is slightly older than the surrounding submarket’s average vintage, suggesting practical capital planning for systems and common-area updates while preserving value-add potential. The neighborhood shows a strong renter base and expanding 3-mile household counts, supporting a larger tenant pipeline over the next cycle. At the same time, below-metro neighborhood occupancy underscores the importance of competitive amenities and disciplined lease management.
According to CRE market data from WDSuite, local home values sit below national norms while rent-to-income levels appear manageable, a combination that can support tenant retention even as ownership remains relatively accessible. For investors, the long-term thesis centers on steady workforce demand anchored by nearby employers, with performance hinging on pragmatic renovations and hands-on leasing execution.
- Strong neighborhood renter concentration and growing 3-mile household base support demand depth and occupancy stability.
- 1993 vintage offers practical value-add via modernization of interiors, systems, and common areas.
- Proximity to major employers (utilities, manufacturing, logistics) underpins workforce leasing and retention.
- Manageable rent-to-income levels support renewal probability and measured pricing power.
- Risk: amenity-light micro-location and below-metro neighborhood occupancy require focused leasing and competitive on-site offerings.