| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Fair |
| Demographics | 57th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3444 Winchester Bend Dr, Columbus, OH, 43232, US |
| Region / Metro | Columbus |
| Year of Construction | 2011 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3444 Winchester Bend Dr, Columbus — 2011 Multifamily with Durable Renter Demand
Neighborhood-level occupancy around 92% and a renter-occupied share above 60% point to a deep tenant base, according to WDSuite s CRE market data. These metrics reflect the surrounding neighborhood, supporting steady leasing for an 88-unit asset.
With an A- neighborhood rating and a rank of 111 out of 580 within the Columbus metro, the area is competitive among Columbus neighborhoods. Grocery options score in the top quartile nationally by density, while restaurants and cafes are above national medians, creating day-to-day convenience. Pharmacy access is limited at the neighborhood level, which may slightly affect resident errand trips.
The neighborhood s occupancy rate is measured at 92.4% and the share of housing units that are renter-occupied sits at 63.1%, indicating a broad renter pool that supports demand stability for multifamily investors. Median contract rents in the neighborhood are relatively low compared with national figures, and the rent-to-income ratio of 0.10 suggests manageable affordability pressure, which can aid retention though it may temper immediate pricing power.
Construction stock in the surrounding area trends newer (average 2004), and this property s 2011 vintage positions it competitively versus older product while still warranting routine modernization planning over the hold. Amenities such as parks, childcare, and cafes register above national medians, reinforcing livability attributes relevant to workforce renters.
Demographic statistics aggregated within a 3-mile radius show modest population growth in recent years with projections calling for further population and household increases over the next five years. Rising household incomes and an expanding renter pool in the 3-mile area support leasing fundamentals and occupancy stability.
Neighborhood safety indicators track below national medians, with violent and property offense rates sitting in lower national percentiles versus peer areas. That said, recent trend data shows property offenses improving year-over-year at the neighborhood level, which is a constructive sign to monitor rather than a conclusion.
For investors, this context suggests emphasizing on-site security practices, lighting, and resident engagement to support retention and leasing, while watching whether the recent improvement in property offenses persists relative to the Columbus metro.
Nearby employers span technology services, manufacturing/consumer brands, and utilities, supporting a diverse workforce and commute-friendly renter demand for this inner-suburban location. The list below reflects major employers within practical commuting distance that can underpin leasing stability.
- Avnet Services - LifeCycle Solutions — technology services (3.6 miles)
- The Xerox Company — corporate offices (4.8 miles)
- Avnet Services — technology services (4.9 miles)
- Dr Pepper Snapple Group — consumer beverages (6.2 miles)
- American Electric Power — utilities (7.5 miles) — HQ
This 88-unit, 2011-vintage asset benefits from a renter-heavy neighborhood (63.1% renter-occupied units) and occupancy measured around 92%, supporting a broad tenant base and steady leasing. According to CRE market data from WDSuite, local rents remain comparatively accessible versus incomes, which can aid retention and reduce turnover costs, while still allowing for disciplined revenue management as amenities and employment access bolster appeal.
The property is newer than the surrounding stock (average 2004), enhancing competitive positioning against older assets; investors should still plan for targeted modernization to sustain appeal over the hold. Within a 3-mile radius, population and household growth projections point to renter pool expansion, while strong grocery and everyday amenities add livability. Offsetting factors include below-median national safety readings and comparatively accessible home values that may create some competition from ownership; these risks are manageable with focused asset management and leasing strategy.
- Renter-heavy neighborhood and solid occupancy support a deep tenant base
- 2011 vintage competes well versus older stock; plan targeted upgrades
- Accessible neighborhood rents relative to incomes aid retention and leasing stability
- 3-mile population and household growth underpin forward demand
- Risks: below-median national safety metrics and potential ownership competition