| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Best |
| Demographics | 51st | Good |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2519 N Holland Sylvania Rd, Toledo, OH, 43615, US |
| Region / Metro | Toledo |
| Year of Construction | 1980 |
| Units | 71 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2519 N Holland Sylvania Rd Toledo Multifamily Investment
Neighborhood multifamily fundamentals indicate steady renter demand, with occupancy in the surrounding area holding near the mid‑90s and a renter-occupied housing share around one‑third of units, according to WDSuite’s CRE market data. For investors, that points to a tenant base broad enough to support leasing while allowing disciplined rent management.
Situated in Toledo’s inner-suburb fabric, the neighborhood ranks 25th out of 244 metro neighborhoods (A rating), placing it in the top quartile locally for overall livability and commercial real estate positioning. Amenity access is a relative strength: café density is competitive at 14th of 244 (top quartile) and pharmacies and childcare options also test above metro medians, helping support daily convenience and leasing appeal.
From a demand standpoint, neighborhood occupancy is elevated versus many peer areas, with the local signal in the upper half of U.S. neighborhoods by national percentile, supporting stability for professionally managed assets. Renter concentration is measured at roughly one‑third of housing units in the neighborhood, indicating a meaningful — though not dominant — base of renter-occupied units that can underpin multifamily absorption and renewals.
Three‑mile demographic data show modest population growth and a faster increase in households over the last five years, with projections calling for further household expansion through 2028. This dynamic typically widens the local renter pool and supports occupancy stability, even as average household size trends slightly lower, which can sustain demand for smaller formats.
On affordability, the area’s rent-to-income ratio sits at a level consistent with manageable affordability pressure for most tenants, and ownership costs are relatively accessible by national standards. For investors, that combination suggests balanced pricing power: competitive lease-up and retention potential, with some ongoing competition from entry-level ownership — a factor to underwrite in renewal and concession strategies.
Safety indicators benchmark favorably in a national context: the neighborhood sits around the 67th percentile for overall safety compared with neighborhoods nationwide, a positive relative signal. At the same time, property-related incidents track closer to national mid-to-lower percentiles, suggesting an operational focus on onsite lighting, access control, and package management remains prudent.
Trend-wise, year-over-year estimates indicate notable improvement, with both violent and property offenses declining sharply versus the prior year — among the stronger improvements nationally. For investors, these trends can support resident sentiment and renewal outcomes, though ongoing monitoring against Toledo’s broader market conditions is recommended.
Proximity to established corporate employers supports a diversified renter base and commute convenience, led by automotive suppliers and materials manufacturers including Dana, Owens Corning, and Owens‑Illinois.
- Dana — automotive components (6.9 miles)
- Dana Holding — automotive components (6.9 miles) — HQ
- Owens Corning — building materials (7.8 miles) — HQ
- Dana Holding Corporation — automotive components (8.0 miles)
- Owens‑Illinois — glass packaging (9.8 miles) — HQ
This 71‑unit asset is positioned in a Toledo inner‑suburb neighborhood with solid fundamentals for multifamily. Occupancy in the immediate area trends in the mid‑90s and scores above the national median, supporting income stability, according to CRE market data from WDSuite. Three‑mile demographics point to recent household growth and projections for further expansion through 2028, which typically translates into a larger tenant base and sustained absorption.
Amenity density is a relative advantage (notably cafés, pharmacies, and childcare), while rent-to-income levels indicate manageable affordability pressure that can aid retention. Counterbalancing factors include relatively accessible ownership costs that may compete with rentals and the need to maintain standard safety and property-operations practices as property crime indicators normalize.
- Neighborhood occupancy sits above the national median, reinforcing cash flow stability for well-managed assets.
- Three-mile household growth and projected increases through 2028 support a widening renter pool and lease-up depth.
- Amenity access (cafés, pharmacies, childcare) enhances day-to-day convenience and marketability.
- Affordability profile suggests balanced pricing power with potential for steady renewals.
- Risks: competition from entry-level ownership options and continued attention to property-security best practices.