| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 80th | Best |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4855 Bridge Ln, Mason, OH, 45040, US |
| Region / Metro | Mason |
| Year of Construction | 2000 |
| Units | 24 |
| Transaction Date | 1998-03-09 |
| Transaction Price | $205,000 |
| Buyer | STONE BRIDGE PARTNERS OF WARREN COUNTY |
| Seller | GILBERT TRACY |
4855 Bridge Ln Mason Multifamily Investment
Located in an A+‑rated Mason neighborhood with high renter demand and strong occupancy at the neighborhood level, this 24‑unit asset offers stable performance potential, according to WDSuite’s CRE market data. Proximity to major employers and top‑rated schools supports durable leasing fundamentals.
Mason’s neighborhood performance is a standout: the area holds an A+ neighborhood rating and ranks 5 out of 611 Cincinnati metro neighborhoods, indicating top-tier local fundamentals. Amenity access is competitive, with dining, childcare, parks, and pharmacies all trending above national medians, and the neighborhood’s average school rating sits at 5.0 out of 5, placing it among the strongest school clusters nationally. These factors reinforce resident stickiness and bolster multifamily leasing stability.
At the neighborhood level, occupancy is in the top quartile nationally, signaling limited vacancy and supportive pricing power for well‑maintained assets. Median contract rents in the neighborhood are also above national medians, while rent-to-income ratios are favorable, suggesting manageable affordability pressure that can aid renewal retention and reduce turnover risk, based on CRE market data from WDSuite.
Within a 3‑mile radius, demographics point to modest recent population growth with a larger increase in households projected over the next five years, indicating a growing tenant base that can support occupancy stability. The share of housing units that are renter‑occupied within this radius remains below half, which implies depth for quality rentals while also competing with homeownership options—particularly relevant in a high‑cost ownership context where elevated home values support sustained rental reliance.
The property’s 2000 vintage is newer than the neighborhood’s average construction year (1994). That positioning can be competitively advantageous versus older stock, though investors should still plan for targeted modernization and system updates to maintain relevance and drive rent premiums where justified.
Safety indicators are mixed but generally competitive for the region. Crime levels rank 216 out of 611 Cincinnati metro neighborhoods, which places the area around the metro median; nationally, overall safety trends sit near the midpoint. Recent trends show violent incidents easing (improving year over year), while property offenses ticked up, so ongoing monitoring is prudent for underwriting and leasing assumptions.
In plain terms: the neighborhood is neither an outlier for risk nor among the lowest‑risk locations nationally. For investors, the takeaway is to underwrite conservative security and loss assumptions while recognizing that strong schools and stable occupancy can help support resident retention despite normal market variability.
The location serves a diversified white‑collar employment base that supports weekday traffic and renter demand, including healthcare and insurance services as well as regional corporate offices. Nearby anchors include Anthem, AK Steel, Humana Pharmacy Solutions, Kroger DCIC, and Prudential Financial.
- Anthem Inc Mason Campus II — insurance & healthcare services (2.3 miles)
- AK Steel Holding — steel & corporate offices (5.3 miles) — HQ
- Humana Pharmacy Solutions — pharmacy services (5.9 miles)
- Kroger DCIC — corporate offices (7.2 miles)
- Prudential Financial — financial services (7.5 miles)
This 24‑unit, 2000‑built asset benefits from top‑tier neighborhood fundamentals in Mason, including high neighborhood occupancy and best‑in‑class schools that support resident retention. Elevated home values in the area help sustain reliance on multifamily housing, and rent levels trend above national medians while rent burdens remain manageable—factors that can support steady cash flow and measured pricing power for well‑maintained units.
Demand drivers are reinforced by proximity to a diversified employer base and by modest population growth with a larger increase in households projected within a 3‑mile radius—implications that point to a larger tenant base and stable leasing. According to CRE market data from WDSuite, the neighborhood’s metrics rank competitively both within the Cincinnati metro and against national peers, while the property’s relatively newer vintage provides a platform for targeted value‑add improvements to keep the offering competitive versus older stock.
- High neighborhood occupancy and strong schools support renewal retention and rent integrity.
- Elevated ownership costs locally reinforce multifamily demand and leasing depth.
- 2000 construction offers competitive footing versus older stock with targeted modernization upside.
- Proximity to major employers underpins weekday demand and commute convenience.
- Risks: mixed crime trends and a lower renter concentration than urban cores warrant conservative underwriting and active asset management.