| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 30th | Good |
| Demographics | 34th | Poor |
| Amenities | 8th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 141 East St, Walton, NY, 13856, US |
| Region / Metro | Walton |
| Year of Construction | 1990 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
141 East St, Walton NY Multifamily Investment
Neighborhood occupancy ranks in the top quartile among 47 Delaware County neighborhoods, indicating steadier leasing conditions for a 37-unit asset, according to WDSuite’s CRE market data.
This rural Walton location offers a quieter setting with limited everyday retail and services in the immediate neighborhood. Dining density ranks competitive among county areas (top quartile within a 47-neighborhood metro set), while cafes, groceries, parks, and pharmacies are sparse locally—typical of lower-density markets. For investors, this points to demand driven more by local workforce and in-place households than by amenity-seeking renters.
Neighborhood occupancy ranks in the top quartile among 47 metro neighborhoods, suggesting relatively stable tenancy at the neighborhood level versus the county median. The share of renter-occupied housing units is also top quartile locally and sits in a higher national percentile, indicating a meaningful renter base that can support multifamily absorption and renewal activity. These are neighborhood-level measures and not specific to the property.
Within a 3-mile radius, the population base is small and household sizes skew smaller than many areas nationwide. This mix typically supports smaller-unit demand and can translate to steadier turnover management rather than rapid growth, a dynamic consistent with rural submarkets. Based on commercial real estate analysis norms, slower in-migration means underwriting should lean on retention and renewal strategies rather than outsized lease-up expectations.
Ownership costs are relatively accessible in this area compared with high-cost metros, which can introduce competition from for-sale housing. At the same time, the neighborhood s rent-to-income profile indicates low affordability pressure for renters, which can aid lease retention but may temper near-term pricing power. Together, these factors point to a focus on operational execution and asset positioning to sustain occupancy and NOI growth over time.
Comparable safety data at the neighborhood level is not available in WDSuite for this location. Investors typically benchmark conditions against county and regional trends and prioritize on-site measures such as lighting, access control, and tenant screening. Use local law enforcement and municipal resources for directional validation, and evaluate multi-year trends rather than single-period snapshots.
Regional employment access is oriented to a broader drive-to-work shed. The following nearby employer can contribute to renter demand among residents willing to commute for stable roles.
- Frontier Communications — telecom services (39.5 miles)
Built in 1990, the property is materially newer than the neighborhood s older housing stock, offering competitive positioning versus prewar inventory while leaving room for targeted systems upgrades and light renovations. Neighborhood metrics from WDSuite indicate top-quartile occupancy within the 47-neighborhood county set and a higher renter-occupied share, both supportive of tenant retention and income stability relative to the local median.
The rural context implies modest amenity density and a smaller 3-mile renter pool, so performance is likely to be driven by steady in-place demand rather than rapid growth. Ownership is relatively accessible in this area, which can create competition for renters; however, low rent-to-income pressure suggests room to balance rent strategy with retention, according to CRE market data from WDSuite.
- Newer 1990 vintage relative to area stock supports competitive positioning and value-add potential
- Top-quartile neighborhood occupancy and elevated renter-occupied share support leasing stability
- Low rent-to-income pressure provides room for measured rent strategy with retention focus
- Rural setting with limited amenities requires operational focus on renewals and resident experience
- Risk: Accessible ownership options may compete with rentals; pricing and upgrade discipline are key