| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Good |
| Demographics | 44th | Fair |
| Amenities | 12th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1025 N Holland Sylvania Rd, Toledo, OH, 43615, US |
| Region / Metro | Toledo |
| Year of Construction | 2004 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1025 N Holland Sylvania Rd Toledo Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and occupancy stability in this inner-suburban pocket of Toledo, according to WDSuite’s CRE market data. Metrics cited below reflect the surrounding neighborhood, not the property, and indicate a broad tenant base with manageable affordability pressure.
This 2004-vintage, 24-unit asset is newer than the average housing stock in the immediate neighborhood (1960s-era on average), providing a relative competitive edge versus older properties and potentially moderating near-term capital needs while still allowing for targeted value-add and modernization.
Neighborhood occupancy is reported at roughly the mid-90s, placing the area above the national mid-point and suggesting stable leasing conditions rather than volatility. The share of housing that is renter-occupied is elevated locally (over half of units are renter-occupied), placing the area in the top decile nationally for renter concentration; for multifamily owners, that depth supports a wider tenant funnel and helps sustain occupancy through normal leasing cycles.
Within a 3-mile radius, population and household counts have expanded in recent years, with additional growth projected over the next five years; this points to a larger tenant base and supports ongoing leasing velocity. Income levels in the neighborhood test above the metro median (mid-60s national percentile), and the rent-to-income profile trends favorable for retention, indicating room for steady renewal performance rather than aggressive push-driven turnover.
Local amenities skew practical rather than lifestyle-heavy: grocery access ranks solidly within the metro and above most U.S. neighborhoods, while cafés, restaurants, parks, and pharmacies are less concentrated nearby. For investors, this mix reinforces workforce-oriented demand dynamics and commute convenience over destination retail. Home values in the neighborhood sit on the lower end nationally, which can introduce some competition from ownership alternatives; pricing strategy and interior finish positioning will be key to maintaining leasing momentum against more accessible for-sale options.
Safety indicators are mixed but trending better in key areas. The neighborhood’s overall crime standing is competitive among Toledo neighborhoods (ranked in the upper third out of 244), and it sits modestly above the national midpoint on safety. Property-related incidents have improved notably year over year, placing the area in a strong improvement tier nationally. Violent-offense measures, however, track closer to the lower national percentiles, warranting routine risk management and resident communication practices typical for inner-suburban assets.
As always, these figures reflect the broader neighborhood rather than the property. Investors should monitor trend direction and compare against submarket peers to contextualize on-site security planning and insurance assumptions.
Nearby corporate offices such as Dana, Dana Holding, Owens Corning, Dana Holding Corporation, and Owens-Illinois anchor a diversified employment base within a short drive, supporting renter demand and lease retention through commute convenience.
- Dana — corporate offices (5.8 miles)
- Dana Holding — corporate offices (5.8 miles) — HQ
- Owens Corning — corporate offices (7.7 miles) — HQ
- Dana Holding Corporation — corporate offices (8.4 miles)
- Owens-Illinois — corporate offices (8.7 miles) — HQ
The investment case centers on durable renter demand, a renter-occupied share that is high by national standards, and neighborhood occupancy in the mid-90s that has held above broader midpoints. The 2004 construction provides a relative edge versus older local stock, giving room for targeted renovations that can sharpen positioning without immediate heavy systems overhauls. According to CRE market data from WDSuite, surrounding incomes and rent-to-income dynamics suggest retention-friendly affordability, while 3-mile population and household growth point to a gradually expanding tenant pool.
Key considerations include practical amenity access (notably groceries) versus destination retail, a homeownership landscape that is more accessible than many U.S. markets (potential competition for some renter cohorts), and mixed but improving safety signals that argue for standard operating vigilance. Overall, the profile favors steady occupancy with value-add levers in finishes, amenities, and management execution.
- Newer 2004 vintage relative to local stock supports competitive positioning with manageable near-term capex.
- Neighborhood occupancy near the mid-90s and elevated renter concentration support leasing stability and a broad tenant base.
- 3-mile population and household growth expand the renter pool, reinforcing renewal prospects and lease-up velocity.
- Income and rent-to-income profiles indicate retention-friendly affordability rather than aggressive push-driven turnover.
- Risks: more accessible ownership options may compete with rentals; amenity concentration is practical but not lifestyle-heavy; safety indicators are mixed despite improvement.