| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 68th | Good |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3050 Arbor Glen Dr, Twinsburg, OH, 44087, US |
| Region / Metro | Twinsburg |
| Year of Construction | 2000 |
| Units | 48 |
| Transaction Date | 2015-03-26 |
| Transaction Price | $7,205,830 |
| Buyer | HGG TWINSBURG RESIDENTIAL LTD |
| Seller | FC TWINSBURG RESIDENTIAL II LLC |
3050 Arbor Glen Dr Twinsburg Multifamily Investment
Stable renter demand and tight neighborhood occupancy support predictable operations, according to WDSuite s CRE market data. This Twinsburg asset benefits from suburban fundamentals that favor retention and measured rent growth supported by sustained leasing velocity from the surrounding employment base and demographics.
Twinsburg s Arbor Glen area scores well on livability and investment appeal, ranking 7th out of 180 Akron metro neighborhoods with an A+ neighborhood rating. Amenity access is stronger than the national average, with neighborhood measures for cafes, parks, and pharmacies landing in higher national percentiles, which supports day-to-day convenience and helps leasing tours convert.
The neighborhood s multifamily occupancy is high at 98.6% and has edged up over the past five years, placing it competitive among Akron neighborhoods and in the top quartile nationally. For investors, that backdrop points to resilient absorption and lower downtime between turns.
Renter-occupied housing represents roughly a quarter of local units (renter concentration near 27% by neighborhood data), indicating a meaningful tenant base without overexposure. Within a 3-mile radius, population and household counts have grown recently and are projected to increase further through 2028, signaling a gradually expanding renter pool that can support occupancy stability. Median household incomes in the neighborhood sit above national norms while rent-to-income remains manageable, a combination that tends to support renewal rates and disciplined pricing.
The asset s 2000 construction is newer than the neighborhood s average vintage (early 1980s). That relative youth can be a competitive advantage versus older stock, while still leaving room for targeted modernization of interiors and common areas to capture value-add upside.
Neighborhood-level crime statistics were not available in WDSuite for this location at the time of publication. Investors typically benchmark property- and neighborhood-level safety using multiple sources and timeframes; standard diligence such as reviewing recent police reports, touring at different times of day, and comparing against city and metro trends is recommended.
Proximity to rail logistics, distribution, industrial gases, diversified manufacturing, and insurance anchors supports commuter convenience and a broad renter pipeline.
- Norfolk Southern Motor Yard rail logistics (3.97 miles)
- Home Depot Distribution Center distribution (4.56 miles)
- Airgas Merchant Gases industrial gases (11.69 miles)
- Parker-Hannifin diversified manufacturing (13.08 miles) HQ
- Progressive insurance (15.14 miles) HQ
3050 Arbor Glen Dr combines a newer 2000 vintage with a suburban location where neighborhood occupancy is elevated and renter concentration is meaningful but not saturated. Based on CRE market data from WDSuite, the surrounding neighborhood ranks competitively within the Akron metro, and 3-mile demographics point to continued population and household growth that supports a larger tenant base over the next five years.
Elevated household incomes alongside manageable rent-to-income ratios reinforce retention and measured pricing power, while proximity to diversified employers underpins leasing velocity. The property s relative age versus older local stock suggests potential to enhance returns through targeted renovations, balanced by prudent capital planning as systems approach mid-life cycles.
- Tight neighborhood occupancy and growing 3-mile renter pool support stable lease-up and renewals
- 2000 vintage provides competitive positioning versus older stock with selective value-add potential
- Diverse nearby employers bolster demand across income cohorts and reduce reliance on a single industry
- Income strength and manageable rent-to-income ratios aid pricing discipline and retention
- Risk: limited crime data availability and potential mid-life capital needs warrant careful diligence and reserves