| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 61st | Good |
| Amenities | 45th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 597 Collins St, Avon, NY, 14414, US |
| Region / Metro | Avon |
| Year of Construction | 2002 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
597 Collins St, Avon NY Multifamily Investment
Neighborhood occupancy trends are strong and renter demand is steady, according to WDSuite s CRE market data, positioning this 72-unit asset for stable operations. The surrounding area shows resilient fundamentals with room for operational upside through thoughtful upgrades.
Avon s neighborhood scores place it in the top quartile among 359 Rochester metro neighborhoods (rated A ), a constructive signal for multifamily performance based on WDSuite s CRE market data. Neighborhood occupancy is about 96% (neighborhood metric, not property-specific), suggesting healthy leasing conditions and generally consistent rent rolls for professionally managed assets.
Livability favors daily needs over destination retail: grocery, parks, and pharmacy access trend above national medians, while restaurant and caf e9 density are limited, implying a more car-dependent profile. Average school ratings hover around 3 out of 5 and sit above national midpoints, supporting family-oriented renter appeal without commanding premium pricing.
Renter-occupied housing accounts for roughly one-third of units in the neighborhood, indicating a moderate renter concentration and a sufficiently deep tenant base without excessive turnover pressure. Median contract rents in the neighborhood are in the value segment and have risen materially over the past five years, reinforcing revenue growth potential while maintaining a rent-to-income profile that supports retention.
Within a 3-mile radius, demographics show recent population softness alongside smaller average household sizes, but projections call for household growth and a gradual expansion of the renter pool. This mix supports occupancy stability and measured rent growth assumptions rather than outsized lease-up risk.
Home values in the area remain below many coastal markets, which can mean some competition from ownership options; however, the high-cost pressures seen elsewhere are muted here, helping sustain renter reliance on multifamily housing and supporting steady lease renewals.
WDSuite s crime benchmarks indicate the neighborhood compares favorably to many areas nationwide, with violent offense measures performing in a high national safety percentile. This suggests lower relative exposure to severe incidents compared with typical U.S. neighborhoods.
Property offense indicators show a recent uptick on a year-over-year basis, so investors may want to monitor trend direction and emphasize standard site-level measures (lighting, access control, and resident engagement). Overall, the broader crime profile reads better than national averages, but vigilance around property crime trends is prudent.
Nearby employers provide a diversified employment base that supports workforce housing demand and commute convenience, including Dish Network, Constellation Brands, Wesco Distribution, Thermo Fisher Scientific, and Xerox Corporation.
- Dish Network telecommunications/services (10.8 miles)
- Constellation Brands beverage/alcohol HQ & corporate (16.7 miles) HQ
- Wesco Distribution industrial distribution (19.0 miles)
- Thermo Fisher Scientific life sciences offices (21.4 miles)
- Xerox Corporation technology & document solutions (27.1 miles)
Built in 2002, the property s vintage positions it competitively versus older local stock while still allowing for targeted value-add through common-area updates and in-unit modernization over the hold period. Neighborhood occupancy is strong and renter demand is supported by a moderate renter concentration, according to commercial real estate analysis from WDSuite, with rent levels that have increased meaningfully over five years yet remain broadly attainable for the local income profile.
Within a 3-mile radius, forecasts point to growth in households and a larger renter pool as household sizes trend smaller, which should support leasing stability and reduce downtime between turns. Balanced home values limit extreme pricing power but also contribute to steady renewals, while car-oriented amenities and a recent uptick in property crime are manageable with proactive asset management.
- 2002 vintage: competitive positioning today with clear value-add pathways via selective renovations
- Strong neighborhood occupancy (neighborhood metric) supports income stability and reduces lease-up risk
- Household growth within 3 miles and smaller household sizes expand the renter pool over time
- Rents have risen materially yet remain broadly attainable, aiding retention and pricing consistency
- Risks: car-dependent amenity mix and a recent property crime uptick warrant active operations and security focus