BOOKLET INSIGHT TO A STRATEGIC ADVANTAGE 1300 CIMARRON CIRCLE, FAIRBORN, OHIO
PRIME AT WRIGHT 2023 COMPARABLE SOURCE
STUDENT
WOODS HALL, THE VILLAGE, HONORS
COMMUNITY, COLLEGE PARK
rent sort TWO bedroom
Prime at Wright $1,126
$2,382 Woods Hall
$1,607 Forest Lane
$2,382 Honors Hall
$2,490 Hamilton Hall
*All student housing rent includes a communication fee, activity fee, and hospitality/residential service fee. ($115.75/month)
*By default, student in The Woods, Honors, and Hamilton are placed in the $2000 Gold plan each semester. ($500/month)
Property Year Built # Beds Avg SF Avg Rent Avg Rent/SF Hamilton Hall Year Built 300 262.2 $2,490 $4.75 Woods Hall 1993 226 987 $2,382 $1.21 Honors Community Year Built 261 198.56 $2,382 $6.00 Forest Lane Apartments 1980 120 720 $1,607 $1.12 Subject Pro Forma 1986 288 1130 $1,300 $0.58 Subject Average Effective 1986 288 1130 $1,126 $0.50 Market Average 1986 247 738 $1,881 $2.55
Two Bedroom
rent sort THREE bedroom
Prime at Wright $1,602
$3,422 Woods Hall
$1,955 University Suites
Three Bedroom
*All student housing rent includes a communication fee, activity fee, and hospitality/residential service fee. ($115.75/month)
*By default, student in The Woods, Honors, and Hamilton are placed in the $2000 Gold plan each semester. ($500/month)
Property Year Built # Beds Avg SF Avg Rent Avg Rent/SF Woods Hall 1993 226 1142 $3,422 $3.00 University Suites 2009 97 1200 $1,955 $1.63 Subject Pro Forma 1986 288 1352 $1,764 $1.30 Subject Average Effective 1986 288 1352 $1,602 $1.18 Market Average 1994 225 1262 $2,184 $1.78
rent sort four bedroom
Prime at Wright $2,052
$2,554 College Park $2,547 University Suites
Four Bedroom
*All student housing rent includes a communication fee, activity fee, and hospitality/residential service fee. ($115.75/month)
*By default, student in The Woods, Honors, and Hamilton are placed in the $2000 Gold plan each semester. ($500/month)
Property Year Built # Beds Avg SF Avg Rent Avg Rent/SF College Park n/a 680 1431 $2,554 $1.78 University Suites 2009 97 1400 $2,547 $1.82 Subject Pro Forma 1986 288 1504 $2,305 $1.53 Subject Average Effective 1986 288 1504 $2,052 $1.36 Market Average 1994 338 1460 $2,364 $1.62
UNITS 226 YEAR BUILT 1993 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 76 692 $1,463 $2.11 Two Bedroom 150 987 $1,191 $1.21 UNITS 216 YEAR BUILT 1993 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 72 692 $948 $1.37 Two Bedroom 144 987 $610 $0.62
LANE 2030-2050
DR
woods hall THE VILLAGE
1239 SPRINGWOOD
VILLAGE
STUDENT COMPETITORS
STUDENT COMPETITORS
UNITS 680 YEAR BUILT 1990 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Four Bedroom 680 1431 $638 $0.45 UNITS 261 YEAR BUILT N/A OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Two Bedroom 261 198.56 $1,548 $7.79
2000 ZINK ROAD
2100 ZINK ROAD
COMMUNITY
COLLEGE PARK HONORS
UNITS 132 YEAR BUILT 2009 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Three Bedroom 33 1200 $652 $0.54 Four Bedroom 64 1400 $637 $0.54 Five Bedroom 35 1600 $616 $0.38 UNITS 120 YEAR BUILT 1993 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Studio 20 484 $741 $1.53 Two Bedroom 100 720 $803 $1.12 2459 ZINK RD 1220 FOREST LANE STUDENT COMPETITORS UNIVERSITY SUITES FOREST
LANE APTS
STUDENT COMPETITORS
*All student housing rent includes a communication fee, activity fee, and hospitality/ residential service fee. ($115.75/month)
*By default, student in The Woods, Honors, and Hamilton are placed in the $2000 Gold plan each semester. ($500/month)
UNITS 300 YEAR BUILT 1990 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 150 193.8 $1,291 $6.66 Two Bedroom 150 262.2 $1,245 $4.75 3640 COLONEL
HWY
GLENN
Semester Monthly Residence Hall Room Type Rate Rate Hamilton Super Single $2,953 $738.25 1354.00 Hamilton Double (first time offering for 2023–24) $2,516 $629.00 1244.75 Honors Super Single $4,078 $1,019.50 1635.25 Honors Double $2,516 $629.00 1244.75 Woods Single $3,709 $927.25 1543.00 Woods Super Single $4,082 $1,020.50 1636.25 Woods Double $2,516 $629.00 1244.75 Woods Double Deluxe $2,953 $738.25 1354.00 Woods Triple $2,196 $549.00 1164.75 Forest Lane Studio $2,615 $653.75 769.50 Forest Lane Small Two Bedroom $2,735 $683.75 799.50 Forest Lane Large Two Bedroom $3,009 $752.25 868.00 College Park Quad $2,287 $571.75 687.50 College Park Renovated Quad $3,661 $915.25 1031.00 University Park Quad $2,287 $571.75 687.50 University Park Double Occupancy Quad: Single $1,830 $457.50 573.25 University Park Double Occupancy Quad: Double $1,333 $333.25 449.00 Village Efficiency $2,808 $702.00 817.75 Village Deluxe Efficiency $3,207 $801.75 917.50 Village One Bedroom $3,642 $910.50 1026.25 Village Two Bedroom $4,143 $1,035.75 1151.50 Village Two Bedroom Split $2,161 $540.25 656.00
HAMILTON HALL
WINDSOR PLACE
WINDSOR PLACE
MARKET
WINDSOR PLACE
THE HIGHLANDS, WINDSOR PLACE, CHARTER
WOODS, THE PROVINCE, EMERALD LAKES
LUXURY, MALLARD LANDING
EMERALD LAKES
EMERALD LAKES
EMERALD LAKES
EMERALD LAKES
PROVIDENCE
PROVIDENCE
EMERALD LAKES
MALLARD HIGHLAND
MALLARD
MARKET TWO bedroom
Prime at Wright
$1,126 $1,200
The Province
$1,255
Mallard Landing
$1,300 Emerald Lakes Apts
$1,250 The Highlands
$1,499
Windsor Place Apts
$1,200
Charter Woods Apts
Two Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF Windsor Place 2000 72 851 $1,499 $1.76 Emerald Lakes Luxury Apartments 1999 280 1067 $1,300 $1.22 Subject Pro Forma N/A 0 1130 $1,300 $1.15 Mallard Landing Apartments 1999 300 1000 $1,255 $1.26 The Highlands 1988 302 958 $1,250 $1.30 Charter Woods Apartments 1997 307 982 $1,200 $1.22 The Province Dayton 2009 201 891 $1,200 $1.35 Subject Average Effective N/A 0 1130 $1,126 $1.00 Market Average 1999 104 572 $724 $1.26
MARKET THREE bedroom
$1,325
$1,645
Prime at Wright
$1,602 $1,745
The Province
$1,459
Emerald Lakes Apts
The Highlands
Charter Woods Apts
Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF Subject Pro Forma N/A 0 1352 $1,764 $1.30 The Province Dayton 2009 201 1182 $1,745 $1.48 The Highlands 1988 302 1314 $1,645 $1.25 Subject Average Effective N/A 0 1352 $1,602 $1.18 Emerald Lakes Luxury Apartments 1999 280 1213 $1,459 $1.20 Charter Woods Apartments 1997 307 1223 $1,325 $1.08 Market Average 1999 104 545 $681 $1.25
Three
MARKET four bedroom
Prime at Wright $2,252 $1,865 The Province
Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF Subject Pro Forma N/A 0 1504 $2,305 $1.54 Subject Average Effective N/A 0 1504 $2,252 $1.46 The Province Dayton 2009 201 1464 $1,865 $1.27 Market Average 1999 104 319 $456 $1.43
Four
MARKET COMPETITORS
UNITS 302 YEAR BUILT 1988 OCCUPANCY 95.7% UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 72 692 $1,025 $1.48 Two Bedroom 204 958 $1,250 $1.30 Three Bedroom 26 1314 $1,645 $1.25 UNITS 72 YEAR BUILT 2000 OCCUPANCY 86.1% UNIT MIX UNITS SQFT RENT RENT/SF Two Bedroom 72 851 $1,499 $1.76
1514 BROMLEY
THE
WINDSOR
3944 CAMBERLEE WAY
HIGHLANDS
PLACE
MARKET COMPETITORS
UNITS 307 YEAR BUILT 1997 OCCUPANCY 99.0% UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 148 626 $920 $1.47 Two Bedroom 137 982 $1,200 $1.22 Three Bedroom 22 1223 $1,325 $1.08 UNITS 201 YEAR BUILT 2009 OCCUPANCY 99.0% UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 17 607 $1,085 $1.79 Two Bedroom 12 891 $1,200 $1.35 Three Bedroom 82 1182 $1,745 $1.48 Four Bedroom 90 1464 $1,865 $1.27
1603
CHARTERWOODS CIR
3419
CLOVER RIDGE CT CHARTER WOODS THE PROVINCE
LAKEVIEW SENIOR APTS
SENIOR
HOMESTEAD VILLAGE
TRINITY COMMUNITY, ASHFORD OF BEAVER -
CREEK, HOMESTEAD VILLAGE, LAKEVIEW SENIOR APARTMENTS
LAKEVIEW SENIOR APTS
ASHFORD OF BEAVERCREEK
LAKEVIEW SENIOR APTS
HOMESTEAD VILLAGE ASHFORD OF BEAVERCREEK
SENIOR
TRINITY COMMUNITY, ASHFORD OF BEAVER -
CREEK, HOMESTEAD VILLAGE, LAKEVIEW SENIOR APARTMENTS
SENIOR TWO bedroom
Prime
$1,800 Lakeview Senior $1,638 Homestead Village $4,650 The Ashford
at Wright $1,126
Two Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF The Ashford of Beavercreek 2023 50 861.6 $4,650 $5.40 Lakeview Senior Apartments 2020 100 861 $1,800 $2.09 Homestead Village 2021 130 752 $1,638 $2.18 Subject Pro Forma N/A 0 1130 $1,300 $1.15 Subject Average Effective N/A 0 1130 $1,126 $1.00 Market Average 2021 56 947 $2,103 $2.22
AMENITIES
• Maintenance-free, hassle-free lifestyle
• Active, established communities
• Onsite chaplains in faith-inspired communities
• Vibrant community life
• Personal choice and control
• A sense of belonging
• Purposeful living in mind, body and spirit
• Freedom to do what you want each day
• No home or yard maintenance
• Chef-inspired meals
• Pet friendly communities
• Open and Affirming communities where all are welcome
• Well-appointed suites with kitchenettes and private baths
• Three daily chef-prepared meals and dining choices
• Housekeeping and maintenance services
• Most utilities included in monthly fee
• Medication assistance
• Help with bathing, dressing and grooming
• Escorts to meals and activities
• Restroom assistance
• 24-hour care assistance
• Transportation to medical appointments
• Active community life and engagement opportunities
• Full-time chaplains
UNITS 85 YEAR BUILT 1993 OCCUPANCY 99.8% UNIT MIX UNITS SQFT RENT RENT/SF Studio 33 270 $3,653 $13.53 One Bedroom 52 552 $5,551 $10.06 3218 INDIAN RIPPLE RD trinity community
SENIOR COMPETITORS
SENIOR COMPETITORS
• Farrah’s Salon
• Coffee Bean Bistro
• Health & Wellness Center
• Fitness Center
• Post Office
• Soggy Paws Dog Wash
• Snack Shack
• Cute as a Button Craft Room
• Hemingway Library
• Business Center
• Green Acres Banquet Hall
• Monty’s Hall Game Room
• 2 Laundry Facilities on Every Floor
• Outdoor Space, Grill, and Picnic Area
• Pet Friendly
• Dog Park
• Planned Social Activities
• Controlled Access
• On-Site Maintenance
• 24-Hour Emergency Maintenance
• Village Ambassador on Site
• Elevator
• Wheelchair Accessible Throughout
UNITS 130 YEAR BUILT 2021 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 80 572 $1,353 $2.37 Two Bedroom 50 752 $1,638 $2.18 3815 PARK OVERLOOK DR HOMESTEAD
VILLAGE
AMENITIES
• Breakfast (Continental), Lunch and Dinner
• WiFi/Cable TV
• Utilities (Gas, Electric, Water, Sewer, Trash)
• 24-Hour On-Site Staff
• Health and Wellness Clinic
• Entertainment/Social Programs
• Emergency Pull Cords
• Free Laundry Facilities
• Weekly Housekeeping
• Transportation
TOWNHOME COMPETITORS UNITS 50 YEAR BUILT 2023 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Studio 27 184 $3,650 $19.84 One Bedroom 3 542.5 $4,200 $7.74 Two Bedroom 20 861.6 $4,650 $5.40 3865 PARK OVERLOOK DR ashford of beavercreek
AMENITIES
• High-quality senior living (55+)
• On-site beauty salon/barber shop
• Community room with patio
• Community activities and planned trips
• Community lounge with fireplace
• Centrally located elevator service
• Wide, well-lit hallways with handrails
• Controlled access building with TV monitored access
• Fitness center
• Indoor central mailbox system
• Indoor trash rooms
• Community room with kitchen available for gatherings
• Fully equipped kitchen with breakfast bar
• In unit washer and dryer
• Central air conditioning
• Energy-saving appliances
• Sliding glass doors leading to private patio/balcony
• Walk-in shower
• Emergency pull-cord system
• Pet friendly, with restrictions. Fees may apply.
TOWNHOME
UNITS 100 YEAR BUILT 2020 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 4 625 $1,550 $2.48 Two Bedroom 96 861 $1,800 $2.09
COMPETITORS
3419 CLOVER RIDGE CT LAKEVIEW SENIOR APTS AMENITIES
FAIRFIELD FAIRFIELD
TOWNHOME
EMERALD LAKES, FAIRFIELD LAKES, THE HIGHLANDS, MALLARD LANDING
MALLARD
EMERALD
MALLARD
EMERALD MALLARD
TOWNHOME
EMERALD LAKES, FAIRFIELD LAKES, THE HIGHLANDS, MALLARD LANDING
TOWNHOME TWO bedroom
$1,700 Fairfield Lakes
$1,599 Emerald Lakes Apts $1,335 The Highlands Prime at Wright $1,126
Two Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF Fairfield Lakes Townhouses 1997 101 1120 $1,700 $1.52 Emerald Lakes Luxury Apartments 1999 280 1350 $1,599 $1.18 The Highlands 1988 302 1111 $1,335 $1.20 Subject Pro Forma 1986 43 1130 $1,300 $1.15 Subject Average Effective 1986 43 1130 $1,126 $1.00 Market Average 1993 76 417 $504 $1.21
TOWNHOME THREE bedroom
$1,624 Mallard Landing $1,806 Fairfield Lakes $1,899 Emerald Lakes Apts $1,625 The Highlands Prime at Wright $1,599
Three Bedroom Property Year Built # Units Avg SF Avg Rent Avg Rent/SF Emerald Lakes Luxury Apartments 1999 280 1600 $1,899 $1.19 Fairfield Lakes Townhouses 1997 101 1360 $1,806 $1.33 Subject Pro Forma 1986 43 1352 $1,764 $1.30 The Highlands 1988 302 1300 $1,625 $1.25 Mallard Landing Apartments 1999 300 1428 $1,624 $1.14 Subject Average Effective 1986 43 1352 $1,602 $1.18 Market Average 1993 76 417 $504 $1.21
TOWNHOME COMPETITORS
UNITS 101 YEAR BUILT 1997 OCCUPANCY N/A UNIT MIX UNITS SQFT RENT RENT/SF Two Bedroom 31 1120 $1,700 $1.52 Three Bedroom 70 1360 $1,806 $1.33 3884 N CHALET CIR FAIRFIELD LAKES UNITS 302 YEAR BUILT 1988 OCCUPANCY 95.7% UNIT MIX UNITS SQFT RENT RENT/SF One Bedroom 72 692 $1,025 $1.48 Two Bedroom 204 958 $1,250 $1.30 Three Bedroom 26 1314 $1,645 $1.25
BROMLEY THE HIGHLANDS
1514
TOWNHOME COMPETITORS
UNITS 280 YEAR BUILT 1999 OCCUPANCY 90.4% UNIT MIX UNITS SQFT RENT RENT/SF Two Bedroom 178 1350 $1,599 $1.18 Three Bedroom 62 1600 $1,899 $1.19 UNITS 300 YEAR BUILT 1999 OCCUPANCY 98.7% UNIT MIX UNITS SQFT RENT RENT/SF Three Bedroom 36 1428 $1,624 $1.14
2688 DIAMOND CUT DR
EMERALD LAKES MALLARD
2372 MALLARD LANDING LN
LANDING
PRIME AT WRIGHT
INSIGHT TO A STRATEGIC ADVANTAGE
