| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Best |
| Demographics | 51st | Fair |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 175 Peppertree Dr, Buffalo, NY, 14228, US |
| Region / Metro | Buffalo |
| Year of Construction | 1973 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
175 Peppertree Dr Buffalo Multifamily with Durable Renters
Neighborhood occupancy is solid and renter concentration is high for the area, supporting consistent leasing according to WDSuite s CRE market data.
Located in Buffalo s inner suburb cluster, the neighborhood ranks 73 out of 301 metro neighborhoods, placing it in the top quartile locally. Occupancy in the neighborhood has trended upward and sits above national norms, indicating a stable tenant base and fewer lease-up gaps for multifamily owners.
Renter-occupied housing is elevated versus national peers, signaling deeper demand for apartment units and a broader pool of prospective tenants. Median home values and the value-to-income ratio are on the higher side for the region, which tends to sustain reliance on rental options and can support pricing power where rent-to-income levels remain manageable.
Everyday convenience is mixed: park access and childcare availability rank strong among metro peers, and grocery access is above average, while cafes and pharmacies are thinner. Average school ratings in the neighborhood track below national midpoints, which can matter for family-oriented retention strategies.
Demographic statistics aggregated within a 3-mile radius point to modest population growth and a projected increase in households over the next five years, expanding the local renter pool. Rising household incomes alongside forecasted rent growth suggest room for disciplined revenue management, supported by fundamentals highlighted in WDSuite s commercial real estate analysis.
Safety indicators present a mixed but generally favorable picture in broader context. Nationally, the neighborhood s estimated property- and violent-offense measures sit in higher safety percentiles compared with neighborhoods across the country, reflecting comparatively lower incident rates on those metrics. Within the Buffalo-Cheektowaga metro, however, the neighborhood s crime rank (12 out of 301) indicates comparatively more incidents than many suburban peers, so benchmarking against nearby submarkets is prudent.
Trend signals diverge: property-related offenses show a notable year-over-year improvement, while violent-offense measures have been more volatile recently. Investors may wish to monitor subsequent data releases to confirm directionality before underwriting longer-term assumptions.
Nearby employers span healthcare, logistics, life sciences, banking, and distribution a diversified base that supports workforce housing demand and reduces commute friction for renters in this submarket. The list below reflects key names proximate to the property.
- UnitedHealth Group healthcare services (2.6 miles)
- FedEx Trade Networks logistics & trade services (5.2 miles)
- Thermo Fisher Scientifc life sciences offices (7.8 miles)
- M&T Bank Corp. banking & corporate services (9.3 miles) HQ
- McKesson pharmaceutical distribution (12.5 miles)
Built in 1973 across 72 units, the property offers scale with value-add potential typical of early-1970s construction items like interiors, building systems, and energy efficiency may merit targeted capital plans to sharpen competitive positioning against newer stock. Neighborhood fundamentals are constructive: occupancy is above national norms with a high renter-occupied share, and ownership costs are comparatively elevated for the area, which reinforces depth of rental demand.
Demographic statistics aggregated within a 3-mile radius indicate modest population growth to date and a projected increase in households, pointing to a larger tenant base and support for occupancy stability. Rising incomes and forecast rent growth provide room for disciplined revenue strategies according to CRE market data from WDSuite, the neighborhood s occupancy and renter concentration trends are supportive, though local school quality and recent safety volatility warrant conservative underwriting.
- Stable neighborhood occupancy and elevated renter-occupied share support leasing consistency.
- 1973 vintage offers value-add levers via unit upgrades and system modernization.
- Ownership costs relatively high for the area, reinforcing reliance on multifamily housing.
- 3-mile demographics point to household growth and a broader tenant base over the next five years.
- Risks: below-average school ratings and recent safety volatility suggest prudent, conservative assumptions.