| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Best |
| Demographics | 42nd | Poor |
| Amenities | 9th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37 Meadow Ln, Holland, NY, 14080, US |
| Region / Metro | Holland |
| Year of Construction | 1990 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37 Meadow Ln, Holland NY Multifamily Opportunity
Neighborhood occupancy is exceptionally strong, indicating stable renter demand and limited frictional vacancy, according to WDSuite’s CRE market data. This property’s positioning in suburban Erie County supports steady operations more than outsized rent growth, based on practical commercial real estate analysis.
Located in the Buffalo–Cheektowaga metro, the neighborhood trends toward suburban living with very high occupancy (ranked 1st out of 301 metro neighborhoods). That puts local occupancy at the top of the metro and in the top tier nationally, a constructive signal for income stability, per WDSuite’s CRE market data.
Renter-occupied housing accounts for roughly two-fifths of units in the neighborhood, indicating a meaningful renter concentration that supports leasing depth and renewal potential. Median rent-to-income sits at a manageable level for the area, which can aid retention and reduce turnover risk when combined with the submarket’s high occupancy.
Within a 3-mile radius, recent data shows modest population growth with an increase in households and smaller average household size. Looking ahead, WDSuite’s projections indicate households continue to rise even as population trends level, which can expand the renter pool and support occupancy, particularly for smaller-unit mixes.
Local schools post average ratings that are above the national median and competitive in the metro (school rating rank 37 out of 301). Amenities are limited (amenity rank 254 of 301 and low national percentiles for cafes, groceries, parks, and pharmacies), so most daily needs require driving; investors should plan for car-oriented resident profiles and on-site parking utilization.
Home values in the neighborhood are elevated relative to local incomes (high value-to-income national percentile), which typically sustains reliance on rentals and supports tenant retention. The area’s employment mix also screened as resilient through recent disruptions, according to WDSuite, which can underpin consistent demand for workforce-oriented apartments.
WDSuite does not report comparable crime metrics for this neighborhood at this time. Investors typically benchmark neighborhood safety against metro and national trends when data is available and incorporate standard diligence such as local police reports and historical trend reviews to contextualize resident retention and leasing risk.
Nearby corporate offices across healthcare, financial services, logistics, and life sciences provide a diversified employment base that can support renter demand and commute convenience for residents. The list below highlights notable employers within driving distance.
- McKesson — healthcare distribution (16.6 miles)
- M&T Bank Corp. — banking & financial services (23.4 miles) — HQ
- FedEx Trade Networks — logistics (26.6 miles)
- UnitedHealth Group — healthcare services (28.7 miles)
- Thermo Fisher Scientific — life sciences (33.4 miles)
37 Meadow Ln offers a smaller-scale multifamily asset in a suburban neighborhood where occupancy ranks first among 301 metro neighborhoods, signaling durable leasing and limited downtime between turns. Built in 1990, the property is newer than the neighborhood’s older average stock, which supports competitive positioning while still warranting routine system updates and selective interior refreshes in capital plans.
Homeownership costs run high relative to local incomes, reinforcing reliance on rentals and aiding retention. Within a 3-mile radius, households are increasing and average household size is trending lower, expanding the addressable renter base even as population growth moderates. According to CRE market data from WDSuite, rent-to-income levels appear manageable for the area, which can help sustain occupancy and collections through cycles.
- Top-of-metro occupancy supports consistent cash flow and leasing stability.
- 1990 vintage is competitive versus older neighborhood stock; targeted upgrades can enhance rentability.
- Rising household counts within 3 miles indicate a larger tenant base despite moderating population trends.
- Elevated ownership costs relative to incomes reinforce renter demand and renewal prospects.
- Risk: Limited neighborhood amenities and car-oriented living may temper premium rent potential; plan for convenience-focused property features.