| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 77th | Best |
| Amenities | 20th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3811 Glen Eagles Blvd, Uniontown, OH, 44685, US |
| Region / Metro | Uniontown |
| Year of Construction | 1979 |
| Units | 106 |
| Transaction Date | 2006-02-01 |
| Transaction Price | $5,292,000 |
| Buyer | DEBO PROPERTIES/GLEN EAGLES APARTMENTS L |
| Seller | GLEN EAGLES HOLDINGS USA LLC |
3811 Glen Eagles Blvd, Uniontown OH Multifamily Investment
Neighborhood occupancy in the Akron metro measured at the neighborhood level is 95.4%, supporting income stability for a 106-unit asset, according to WDSuite s CRE market data. Renter demand is reinforced by modest rent-to-income levels nearby, aiding retention and pricing discipline.
Uniontown sits within the Akron, OH metro and this neighborhood is rated B+ and competitive among Akron neighborhoods (ranked 49 out of 180). The area skews suburban with a smaller renter base at the neighborhood level (renter-occupied share measured for the neighborhood, not the property), which can translate to steadier tenancy from households that rent by necessity rather than preference.
Demand signals are constructive: neighborhood occupancy stands at 95.4% with a five-year uptick, indicating stable leasing conditions. Median contract rent at the neighborhood level is around the low-$1,000s and the neighborhood rent-to-income ratio is near 0.12, suggesting manageable affordability that can support retention and disciplined rent growth. Home values are elevated for the metro context, which helps sustain reliance on rental housing even as the ownership market remains comparatively accessible.
Within a 3-mile radius, population grew roughly 6.8% over the past five years and is projected to expand by about 16.6% through 2028, with households forecast to rise approximately 36.6%. This points to a larger tenant base and supports occupancy stability and lease-up velocity for well-positioned multifamily communities. Household incomes in the 3-mile area have been rising and are projected to continue increasing, reinforcing the depth of qualified renters and potential for steady absorption.
Local amenity density is limited in the immediate neighborhood by national standards, though pharmacy access is competitive among Akron neighborhoods (ranked 42 of 180), and restaurant availability sits near the metro middle (ranked 97 of 180). Investors should consider that a more car-oriented amenity pattern can modestly influence leasing velocity, while the area s demographics and income growth trends provide a counterbalance for demand.
Comparable neighborhood safety context is an important part of underwriting. Specific crime metrics for this neighborhood are not available in WDSuite at this time, so investors typically benchmark conditions against Akron metro and Summit County sources, review recent trend reports, and incorporate on-the-ground diligence. Framing safety comparatively rather than at the block level helps calibrate leasing and retention expectations without overreliance on isolated incidents.
Proximity to major employers anchors the renter base with diverse, white-collar and industrial jobs supporting commute convenience and retention. Key nearby employers include Goodyear Tire & Rubber, Erie Insurance Group, FirstEnergy, J.M. Smucker, and the Norfolk Southern Motor Yard.
- Goodyear Tire & Rubber tire manufacturing & corporate (7.1 miles) HQ
- Erie Insurance Group insurance (7.8 miles)
- FirstEnergy electric utility (9.3 miles) HQ
- J.M. Smucker food products (18.4 miles) HQ
- Norfolk Southern Motor Yard rail yard operations (26.3 miles)
A 106-unit asset at 3811 Glen Eagles Blvd benefits from neighborhood-level occupancy of 95.4% and a rent-to-income profile that supports lease retention. According to CRE market data from WDSuite, the surrounding neighborhood shows steady rental fundamentals and a measured rent environment, which can translate into durable cash flow when paired with disciplined operations.
Within a 3-mile radius, recent population growth and a projected rise in both households and incomes through 2028 point to a larger, higher-earning renter pool. While the neighborhood s renter-occupied share is smaller and amenity density is modest, these factors are offset by commute access to regional employers and demand supported by upward income trends, sustaining occupancy and absorption prospects for well-managed multifamily.
- Neighborhood occupancy at 95.4% supports income stability and leasing consistency.
- 3-mile population and household growth expands the tenant base and supports absorption.
- Rising local incomes and manageable rent-to-income reinforce retention and pricing power.
- Proximity to major employers underpins commute convenience and demand durability.
- Risks: smaller renter share and limited amenity density may temper rent growth and leasing velocity.