| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Good |
| Demographics | 60th | Best |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 57 W Main St, Le Roy, NY, 14482, US |
| Region / Metro | Le Roy |
| Year of Construction | 1986 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
57 W Main St, Le Roy NY Multifamily Investment
Neighborhood fundamentals indicate steady renter demand and stable operations, according to WDSuite’s CRE market data, with local occupancy near national norms and pricing that supports retention. In a small Batavia-area market, investor focus centers on durable cash flow drivers rather than outsized growth.
The property sits in a Rural neighborhood within the Batavia, NY metro that scores competitively among Batavia neighborhoods (ranked 2 out of 38) and carries an A+ neighborhood rating in WDSuite. Amenity access is serviceable for a smaller market, with groceries, restaurants, parks, childcare, and pharmacies measuring at or modestly above national midpoints, while cafes are sparse—an expected profile for low-density settings.
Rents in the neighborhood benchmark below the national midpoint, which can aid lease-up and renewal. Neighborhood occupancy trends track slightly above the national median, supporting day-to-day stability rather than volatility. The share of renter-occupied housing units is under one-third, indicating a thinner but consistent renter base; for investors, that suggests dependable workforce demand but a need for disciplined leasing and resident engagement to protect occupancy.
Within a 3-mile radius, WDSuite’s demographic rollups show recent population growth with a faster rise in households and a gradual reduction in average household size. For multifamily, that combination often points to a larger tenant base and steady move-in activity as more, smaller households seek rentals. Income levels sit around national midpoints, and the neighborhood’s rent-to-income positioning implies manageable affordability pressure, which can support retention tactics and measured pricing power.
Home values in this submarket are lower compared with many U.S. areas, which can introduce some competition from ownership. For multifamily owners, this usually means emphasizing convenience, maintenance-free living, and renovated finishes to justify rents and sustain lease velocity. School quality averages to slightly above national midpoints, reinforcing broad livability without serving as the primary demand driver.
Comparable safety data for this neighborhood are not available in WDSuite’s current release. Investors typically contextualize conditions by benchmarking against city and county trends and by tracking any multi-year movement rather than relying on a single-period snapshot.
Given the limited neighborhood-level signal, prudent underwriting often includes property-level measures (lighting, access control, resident engagement) and review of public sources to confirm that safety expectations align with leasing and retention goals.
Regional employers within commuting range include telecom, electrical distribution, beverage manufacturing, life sciences, and print & imaging—providing a diversified employment base that can support renter demand and lease retention.
- Dish Network — telecom (18.4 miles)
- Wesco Distribution — electrical distribution (22.1 miles)
- Constellation Brands — beverage & alcohol (27.7 miles) — HQ
- Thermo Fisher Scientific — life sciences (31.8 miles)
- Xerox Corporation — print & imaging (34.2 miles)
Built in 1986, the asset is materially newer than the area’s older housing stock, giving it a competitive position on functionality and code-era systems while still offering potential value-add through selective upgrades. Neighborhood occupancy trends are steady and slightly above the national midpoint, with rents below national medians—factors that can support leasing consistency and renewal capture in a smaller, needs-based market. Within a 3-mile radius, modest population growth alongside a faster increase in households suggests gradual renter pool expansion that can support occupancy stability.
Home values in the area are comparatively accessible, which can create ownership alternatives; effective strategies typically emphasize convenience and refreshed interiors to sustain pricing. According to CRE market data from WDSuite, amenity access is adequate for a rural setting and school ratings sit around the national middle, reinforcing broad livability without relying on amenity-driven premiums.
- 1986 vintage is newer than surrounding stock, supporting competitive positioning with targeted modernization upside.
- Rents below national medians and occupancy near national norms favor stable leasing and renewal potential.
- 3-mile demographics point to more households and smaller household sizes, adding depth to the renter base.
- Diverse regional employers within commuting range help underpin workforce housing demand.
- Risk: comparatively accessible ownership can compete with rentals; success depends on finish-level differentiation and service quality.