| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 74th | Best |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2250 N French Rd, Getzville, NY, 14068, US |
| Region / Metro | Getzville |
| Year of Construction | 2000 |
| Units | 104 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2250 N French Rd, Getzville NY Multifamily Investment
Stable neighborhood occupancy and strong household incomes point to durable renter demand in suburban Getzville, according to WDSuite’s CRE market data.
The property sits in a suburban neighborhood that ranks 21st out of 301 Buffalo-Cheektowaga neighborhoods, placing it in the top quartile locally and signaling balanced fundamentals for long-term holds. Neighborhood occupancy is competitive among metro peers and above national norms, supporting steady lease-up and retention for multifamily assets.
Livability is underscored by a diversified amenity base: cafes and childcare options are stronger than the national middle of the pack, while grocery and pharmacy access is thinner and may increase reliance on nearby corridors for daily needs. Investors should view this mix as supportive of suburban convenience while planning for resident communication around off-site retail access.
Renter demand is reinforced by a high-cost ownership landscape in the neighborhood (above most U.S. neighborhoods) and a rent profile that sits in the upper tiers nationally. That combination typically sustains multifamily demand depth and helps preserve occupancy stability, though it can temper near-term pricing power if rent-to-income ratios rise.
Demographic indicators aggregated within a 3-mile radius show recent population and household growth, with projections calling for further increases and a larger upper-income cohort through the next five years. A modest renter-occupied share in the immediate area today suggests primarily move-up and lifestyle renters, while neighborhood tenure data indicates roughly three in ten housing units are renter-occupied—together implying a targeted but dependable tenant base for quality product.
Vintage matters: built in 2000, the property is newer than the neighborhood average year built (late 1970s). That positioning typically offers competitive appeal versus older stock while still warranting selective modernization of building systems and interiors to meet current renter expectations.
Comparable neighborhood safety metrics are not available in this dataset. Investors should benchmark property performance against broader Buffalo-Cheektowaga trends and monitor local law-enforcement and community reports for directional changes that could influence leasing or insurance assumptions.
- UnitedHealth Group — healthcare services (6.7 miles)
- FedEx Trade Networks — logistics (9.3 miles)
- Thermo Fisher Scientifc — life sciences offices (11.8 miles)
- M&T Bank Corp. — financial services (12.2 miles) — HQ
- McKesson — healthcare distribution (13.0 miles)
Proximity to regional employers supports commute convenience and renter retention, with a mix of healthcare, logistics, life sciences, and financial services within typical drive times.
This 104-unit asset benefits from a top-quartile neighborhood position within the Buffalo-Cheektowaga metro, competitive occupancy, and an ownership market with elevated home values that tends to sustain reliance on multifamily housing. According to CRE market data from WDSuite, neighborhood-level net operating income per unit trends rank among the strongest locally, indicating supportive rent and expense dynamics for professionally managed properties.
Built in 2000, the property is newer than much of the surrounding stock, offering relative competitiveness and a practical platform for targeted value-add—select system upgrades and interior refreshes to capture demand from higher-income households observed within a 3-mile radius. Forward-looking demographics indicate population and household growth, which should expand the tenant base and underpin occupancy stability over the hold period.
- Competitive neighborhood standing and occupancy support steady leasing
- 2000 vintage creates relative advantage versus older local stock with targeted modernization upside
- High-cost ownership landscape reinforces renter demand and retention potential
- Expanding 3-mile population and household counts point to a growing tenant base
- Risks: thinner grocery/pharmacy access and potential affordability pressure could temper near-term pricing power