| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Best |
| Demographics | 32nd | Poor |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 Rosehill Rd, Reynoldsburg, OH, 43068, US |
| Region / Metro | Reynoldsburg |
| Year of Construction | 1972 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1200 Rosehill Rd, Reynoldsburg OH Multifamily Opportunity
Neighborhood occupancy is solid and renter demand is supported by a high share of renter-occupied units, according to WDSuite s CRE market data. Investors should view this as a stable inner-suburb location with everyday amenities that can support leasing durability.
Reynoldsburg s inner-suburb setting offers daily convenience that supports tenant retention. Restaurants and cafes score in the top quartile nationally, with grocery access also strong, while parks coverage is similarly competitive. One notable gap is pharmacy density, which trails most U.S. neighborhoods, suggesting residents may rely on nearby submarkets for some services.
For multifamily fundamentals, the neighborhood s occupancy rate sits above national norms (top quartile nationally), and the share of renter-occupied housing is high relative to the country (well above the national median). Together, these indicators point to a deep tenant base and generally steady lease-ups. Median asking rents are mid-pack for the metro with sustained growth over the past five years, reinforcing consistent demand rather than outsized pricing power.
The property s 1972 vintage is older than the neighborhood s typical building stock (average 1991), which may create value-add potential through targeted renovations and system upgrades. This positioning can be competitive against newer product if capex is planned to meet renter expectations at attainable price points.
Demographic trends aggregated within a 3-mile radius show population and household growth over the past five years, with forecasts calling for further expansion and smaller average household sizes. This combination points to a larger tenant base and continued renter pool expansion that can support occupancy stability over the medium term.
Home values in the area sit at a level that, relative to incomes, tends to keep many households in the rental market. For owners, that context often supports tenant retention and steady demand for well-managed, moderately priced units.
Within the Columbus metro, the neighborhood s crime rank is near the middle of 580 neighborhoods (ranked 266), indicating conditions that are neither among the lowest- nor highest-crime areas locally. Compared with neighborhoods nationwide, safety indicators sit below the national median, so investors should underwrite prudent security, lighting, and property management practices.
Encouragingly, both violent and property offense rates have been trending downward year over year, outpacing declines seen in parts of the country. This trajectory, while not a guarantee, reduces downside risk if improvements persist and management maintains clear on-site protocols.
Nearby corporate offices provide a diversified employment base that supports workforce housing demand and reasonable commute times for residents. The list below highlights proximate employers likely to influence leasing stability in this submarket.
- Dr Pepper Snapple Group corporate offices (5.5 miles)
- Wesco Distribution corporate offices (6.8 miles)
- L Brands corporate offices (7.9 miles) HQ
- Avnet Services LifeCycle Solutions corporate offices (8.8 miles)
- Nationwide corporate offices (9.8 miles) HQ
This 35-unit, 1972-vintage asset sits in an inner-suburb pocket with strong day-to-day amenities and a renter base that is large relative to national norms. Neighborhood occupancy trends are healthy and rents have advanced steadily, signaling durable demand rather than peak-cycle pricing. According to CRE market data from WDSuite, the area s occupancy performance is above national averages, which can aid lease-up and renewal stability when paired with disciplined management.
The vintage creates a clear value-add path: targeted interior refreshes and modernization of building systems can sharpen competitiveness against newer stock while maintaining attainable rents. Demographics aggregated within a 3-mile radius show recent and projected growth in both population and households alongside gradually smaller household sizes, expanding the renter pool and supporting long-run demand. Elevated ownership costs relative to incomes further reinforce reliance on rental housing, supporting retention and consistent absorption.
- Healthy neighborhood occupancy with a high renter-occupied share supports leasing stability.
- 1972 vintage provides value-add potential via renovations and system upgrades.
- Amenity-rich inner-suburb location with strong food and grocery access aids retention.
- 3-mile demographic growth and smaller households point to renter pool expansion.
- Risks: below-median national safety metrics and limited pharmacy density warrant proactive management and underwriting.