| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 55th | Good |
| Amenities | 27th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5727 Tibaron Ln, Toledo, OH, 43615, US |
| Region / Metro | Toledo |
| Year of Construction | 2003 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5727 Tibaron Ln Toledo 66-Unit Multifamily (2003)
Neighborhood renter-occupied share is elevated and occupancy trends have held firm, supporting stable leasing fundamentals according to WDSuite s CRE market data.
Located in an Inner Suburb of Toledo, the property benefits from a renter-occupied share of housing units at the neighborhood level that ranks 20 out of 244 metro neighborhoods a0 a top-quartile position that signals depth in the local tenant base. Neighborhood occupancy is reported at 94% and sits in the 65th national percentile, indicating above-median stability versus neighborhoods nationwide, which can aid renewal performance and lease management.
Livability inputs are mixed: restaurant density ranks 39 of 244 (top quartile locally), and childcare access ranks 23 of 244 (also top quartile), while parks, pharmacies, cafes, and grocery options are thinner within the immediate neighborhood. Overall amenity rank is 101 of 244 a0above the metro median a0which suggests everyday services are accessible within a short drive even if walkable choices are limited.
The asset s 2003 construction is newer than the neighborhood s average vintage (1983). That positioning typically supports competitiveness versus older stock, though investors should plan for selective system updates as the building approaches mid-life to sustain rentability and control ongoing capital needs.
Within a 3-mile radius, household counts have inched up even as population was roughly flat, and forecasts call for growth in both population and households by 2028. This points to a larger tenant base over time and supports occupancy stability. Median household incomes have risen, and contract rents are projected to increase, implying manageable affordability pressure today (with a rent-to-income ratio at the neighborhood level of 0.19) and potential for measured pricing power rather than outsized rent spikes.
Safety indicators are mixed relative to local and national baselines. The neighborhood s composite crime rank is 136 out of 244 Toledo neighborhoods, placing it slightly below the metro median. Nationally, recent violent and property incident levels benchmark below the national median, but one-year trend data show meaningful declines, placing the improvement trajectory in higher national percentiles. For investors, this suggests monitoring submarket trends and property-level controls, while recognizing that the recent direction has been favorable.
Proximity to major employers underpins renter demand and commute convenience, notably across automotive supply and building materials headquarters in Toledo: Dana, Dana Holding, Owens Illinois, and Owens Corning.
- Dana automotive supplier (3.5 miles)
- Dana Holding automotive supplier (3.5 miles) HQ
- Owens Illinois glass packaging (6.4 miles) HQ
- Owens Corning building materials (7.7 miles) HQ
- Dana Holding Corporation automotive supplier (9.5 miles)
5727 Tibaron Ln offers 66 units built in 2003, positioning the asset newer than the area s average vintage. The neighborhood posts above-median occupancy nationally and a top-quartile renter-occupied share within the Toledo metro, supporting a deep tenant pool and steady leasing. According to CRE market data from WDSuite, local amenities skew toward restaurants and childcare while walkable daily services are thinner, pointing to car-oriented convenience rather than lifestyle retail. The ownership cost backdrop (moderate home values and value-to-income ratios) supports sustained reliance on multifamily housing without signaling outsized affordability pressure.
Within a 3-mile radius, households have ticked up and forecasts indicate growth in both population and households through 2028, suggesting a larger renter pool and support for occupancy stability. With mid-life systems approaching renewal cycles, targeted capital planning can help maintain competitive positioning versus older stock while capturing measured rent growth as incomes and projected contract rents rise.
- Newer vintage (2003) relative to neighborhood average, supporting competitiveness with moderate capex planning needs
- Renter-occupied share ranks top quartile among 244 metro neighborhoods, indicating depth of tenant demand
- Above-median neighborhood occupancy and expanding 3-mile household counts support leasing stability
- Amenity mix favors restaurants/childcare; car-oriented access offsets thinner walkable daily services
- Risks: mixed safety metrics versus metro median and selective system updates as the property ages