| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 62nd | Good |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Laughlin Ln, Geneseo, NY, 14454, US |
| Region / Metro | Geneseo |
| Year of Construction | 1986 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Laughlin Ln Geneseo NY 36-Unit Multifamily
Renter-occupied housing is meaningful in the neighborhood and rents sit near the national middle, supporting a broad tenant base according to WDSuite’s CRE market data. Occupancy trends trail the Rochester metro median, suggesting value-add operations and targeted leasing can be meaningful drivers.
The property sits in an Inner Suburb of the Rochester, NY metro where amenity access is competitive among Rochester neighborhoods (63rd of 359). Dining and grocery options are relatively convenient for a smaller market, with restaurants and cafes testing above national midpoints, while pharmacies and childcare are thinner locally. For investors, this mix points to everyday convenience for residents with some service gaps that on-site amenities or partnerships could help address.
Neighborhood rent levels are mid-pack nationally and the rent-to-income ratio trends near the U.S. middle, which can support retention and measured pricing power. By contrast, neighborhood occupancy ranks 256th of 359 — below the metro median — so underwriting should focus on marketing, unit turns, and lease management to support stabilization. The renter-occupied share of housing units ranks 84th of 359 (above the metro median and strong nationally), indicating a deeper renter pool for multifamily demand.
Within a 3-mile radius, demographics show modest population slippage over the last five years but projections indicate an increase in households alongside smaller average household sizes. That combination can expand the renter pool for smaller formats and sustain steady absorption, even if population growth is flat. Median household incomes in the 3-mile area have been improving, reinforcing the ability to support current rent levels, based on CRE market data from WDSuite.
Ownership costs in the neighborhood track below national medians, which can introduce some competition from entry-level ownership. Investors should balance this with the area’s solid renter concentration and everyday amenities, focusing on product differentiation and convenience to support leasing velocity.
Comparable, property-level crime metrics are not available for this neighborhood in WDSuite. Investors typically benchmark conditions against broader Rochester, NY metro trends and conduct standard due diligence (e.g., local reports, time-of-day visits) to contextualize safety for residents and staff without relying on block-level claims.
Regional employers within commuting range help support renter demand through a mix of telecom, consumer products, distribution, life sciences, and technology. Notable names include Dish Network, Constellation Brands, Wesco Distribution, Thermo Fisher Scientific, and Xerox.
- Dish Network — telecommunications (19.7 miles)
- Constellation Brands — consumer products (24.4 miles) — HQ
- Wesco Distribution — distribution (27.9 miles)
- Thermo Fisher Scientific — life sciences offices (29.2 miles)
- Xerox Corporation — technology offices (35.7 miles)
Built in 1986, this 36-unit asset offers classic value-add potential: interiors and common areas are likely due for modernization, which can improve competitiveness versus older local stock while remaining disciplined on capital planning. The surrounding neighborhood shows a meaningful renter-occupied housing presence and amenity access that is competitive in the Rochester metro, but occupancy ranks below the metro median — making operations and leasing strategy central to the thesis. According to commercial real estate analysis from WDSuite, local rents and rent-to-income metrics sit near national midpoints, supporting retention with measured room for upgrades tied to quality.
Within a 3-mile radius, recent population softness is balanced by projections for more households and smaller household sizes, which can expand the renter pool for smaller formats. Home values are comparatively accessible in this area, so competition from ownership is a consideration; however, consistent workforce demand from regional employers and improving incomes can sustain steady renter interest with the right finishes and management.
- 1986 vintage positions the asset for targeted renovations and operational upgrades to drive NOI
- Renter-occupied share above the metro median indicates depth of tenant demand for multifamily
- Amenity access competitive within Rochester supports leasing and resident convenience
- Demographic outlook shows more households and smaller sizes within 3 miles, supporting demand for smaller formats
- Risks: neighborhood occupancy below metro median and comparatively accessible ownership could pressure lease-up; active leasing and differentiation recommended