| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Best |
| Demographics | 37th | Poor |
| Amenities | 41st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1225 Flaire Dr, Toledo, OH, 43615, US |
| Region / Metro | Toledo |
| Year of Construction | 1980 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1225 Flaire Dr Toledo Multifamily Investment
Neighborhood occupancy registers at the top of the metro, suggesting durable renter demand for stabilized assets, according to WDSuite’s CRE market data. With rents positioned below national averages, operators may balance retention with measured pricing power.
This Inner Suburb neighborhood in Toledo carries a B+ rating and ranks 84 out of 244 metro neighborhoods, placing it above the metro median. Local occupancy is measured for the neighborhood — not the property — at the top of the Toledo distribution (ranked 1 of 244), pointing to historically tight conditions that can support steady leasing.
The building’s 1980 vintage is slightly newer than the neighborhood average year built (1975). For investors, that typically means a competitive position versus older stock, while still planning for modernization of systems and common areas to drive rent premiums or reduce ongoing maintenance.
Amenity access is balanced: restaurants and groceries rank 38 and 40 out of 244 respectively (competitive among Toledo neighborhoods), and cafes land in the national top quartile (86th percentile). However, parks and pharmacies are sparse in the immediate area. Average school ratings in the neighborhood are low (around the 15th percentile nationally), a factor to weigh for family-oriented renter segments and marketing strategy.
Tenure data indicate a renter-occupied share near half of housing units (about 50% renter concentration), which signals a deep tenant base for multifamily. Neighborhood-level median contract rents sit below national norms, supporting retention, while the 3-mile demographic radius shows modest recent population and household growth with forecasts indicating additional household expansion — dynamics that can broaden the renter pool and help sustain occupancy. Home values are comparatively accessible for the region, which can introduce some competition from entry-level ownership, so underwriting should emphasize product differentiation and service quality over pure price.
Neighborhood safety indicators are mixed. Overall crime ranks near the metro middle (129 of 244), aligning roughly with Toledo’s average. Nationally, the area sits close to mid-pack overall, with stronger momentum on trend: both violent and property offense rates have moved lower year over year, indicating recent improvement.
Interpreting the national picture, property offenses benchmark around the lower third nationwide, while violent offense levels track below the national median. The recent declines suggest improving conditions, but investors should still apply standard security, lighting, and tenant-screening best practices consistent with comparable Toledo assets.
Proximity to established corporate offices supports workforce housing demand and commute convenience for residents. Nearby anchors include Dana, Owens Corning, Dana Holding Corporation, and Owens-Illinois.
- Dana Holding — corporate offices (5.9 miles) — HQ
- Owens Corning — corporate offices (7.0 miles) — HQ
- Dana Holding Corporation — corporate offices (7.8 miles)
- Owens-Illinois — corporate offices (8.6 miles) — HQ
1225 Flaire Dr offers 100 units averaging roughly 800 square feet in a neighborhood that ranks above the metro median with occupancy measured at the top of Toledo’s distribution — a favorable backdrop for stabilized operations. According to CRE market data from WDSuite, neighborhood-level rents sit below national benchmarks, supporting retention while leaving room for targeted renovations to capture upside where finishes and amenities justify it.
Built in 1980, the asset is slightly newer than the local average, positioning it ahead of older comparables while still benefiting from value-add upgrades to interiors and building systems. A renter-occupied share near 50% in the neighborhood points to a sizable tenant base. Within a 3-mile radius, recent population and household growth — and forecasts indicating further household expansion — suggest a larger renter pool over time. Counterbalancing factors include comparatively accessible ownership options in the area and lower neighborhood school ratings, both of which call for disciplined leasing strategy and asset management.
- Tight neighborhood occupancy supports leasing stability and reduces downtime risk.
- Slightly newer 1980 vintage offers a platform for value-add modernization and operational efficiencies.
- Renter concentration near half of housing units and 3-mile household growth expand the tenant base.
- Below-national rent levels aid retention with room for selective pricing on renovated units.
- Risks: relatively low school ratings, mixed safety metrics, and accessible ownership alternatives may increase competition.