| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 55th | Good |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1101 Linden Ln, Toledo, OH, 43615, US |
| Region / Metro | Toledo |
| Year of Construction | 1997 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1101 Linden Ln, Toledo OH Multifamily Investment
Neighborhood occupancy is strong with a high renter concentration, supporting stable leasing fundamentals near 1101 Linden Ln, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb of Toledo rated A- at the neighborhood level, placing it competitive among Toledo neighborhoods (rank 43 of 244). Local occupancy is elevated and in the top quartile nationally, signaling resilient demand through cycles. The surrounding housing stock skews renter-occupied at the neighborhood level, indicating a deeper tenant base for multifamily owners rather than single-family–dominant dynamics.
Livability is supported by everyday conveniences more than lifestyle retail. Grocery, parks, and pharmacy access track in higher national percentiles, while restaurant density is mid-pack and cafes/childcare are relatively sparse. For investors, this points to steady, needs-based traffic that can aid retention, with less exposure to discretionary footfall volatility.
At the neighborhood level, median contract rents align near the national midpoint and the rent-to-income ratio suggests manageable affordability pressure, which can help sustain occupancy and moderate turnover. Home values in the area are comparatively lower versus national norms; in practical terms, this can introduce some competition from entry-level ownership, but it also supports renter reliance on more accessible rental options and can temper volatility during weaker economic periods.
Vintage context matters: the asset’s 1997 construction is newer than the neighborhood’s average vintage (1991). That positioning typically competes well against older stock on unit livability and systems efficiency, though investors should still plan for targeted modernization and replacement of aging components as part of a rolling capex strategy.
Demographics within a 3-mile radius show households have grown modestly in recent years with smaller average household sizes, and are projected to increase meaningfully by 2028. Rising median and mean household incomes in the 3-mile area expand purchasing power, supporting rent levels and helping underpin occupancy stability for well-managed assets.
Safety conditions are mixed but improving relative to broader benchmarks. The neighborhood tracks around the national middle on overall crime (slightly above the national median by percentile) and is competitive among Toledo neighborhoods, rather than a clear outlier in either direction.
Trend-wise, violent incidents show a notable year-over-year decline with improvement that places the area in a stronger national percentile for momentum. Property offenses also declined over the last year and sit below the national middle by percentile. For investors, these trajectories suggest directionally improving conditions, but underwriting should still reflect neighborhood-level variability versus metro averages.
- Dana — auto components (6.1 miles)
- Dana Holding — auto components (6.1 miles) — HQ
- Owens Corning — building materials (6.4 miles) — HQ
- Dana Holding Corporation — auto components (7.3 miles)
- Owens-Illinois — glass packaging (8.6 miles) — HQ
Major Toledo employers within a 6–9 mile radius include auto components and building materials headquarters, supporting a broad workforce draw and convenient commutes that can aid leasing stability for workforce-oriented multifamily.
1101 Linden Ln offers scale at 80 units in a Toledo Inner Suburb where neighborhood occupancy trends are elevated and renter concentration is high, supporting demand depth and lease retention. The 1997 vintage is newer than the area’s average stock, giving a competitive edge versus older comparables while leaving room for targeted value-add and systems updates. Within a 3-mile radius, households have increased with smaller household sizes and are projected to grow further by 2028, expanding the renter pool and supporting steadier absorption. According to CRE market data from WDSuite, local rents sit near national midpoints, and rent-to-income dynamics indicate manageable affordability pressure — a setup that supports occupancy stability if operations are disciplined.
Balanced amenities emphasize daily needs (grocery, parks, pharmacy) over discretionary retail, aligning with workforce housing demand drivers. Lower local home values relative to national norms can introduce some competition from ownership, but they also keep multifamily relevant for households favoring flexibility or conserving upfront capital. Investors should underwrite with awareness that market-level NOI per unit trails national norms, making operational execution and expense control important to realize returns.
- Elevated neighborhood occupancy and high renter-occupied share support stable leasing
- 1997 vintage competes well versus older stock with targeted value-add potential
- 3-mile household growth outlook expands the tenant base and supports absorption
- Needs-based amenity mix (grocery/parks/pharmacy) favors retention over discretionary traffic
- Risks: potential competition from entry-level ownership, improving but mixed safety metrics, and market NOI per unit below national norms