| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 62nd | Good |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 600 Country Ln, Geneseo, NY, 14454, US |
| Region / Metro | Geneseo |
| Year of Construction | 1983 |
| Units | 47 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
600 Country Ln, Geneseo NY — 47-Unit 1980s Multifamily
Stabilized renter demand from a sizable local tenant base and attainable rents supports durable cash flow potential, according to WDSuite’s CRE market data.
Geneseo sits within the Rochester, NY metro and this inner-suburban neighborhood carries an A- neighborhood rating. Amenity access is competitive among the metro’s 359 neighborhoods (ranked 63rd), with restaurants and cafes relatively convenient versus many Rochester peers, while pharmacies and childcare are thinner locally. Nationally, amenity density trends near the middle of the pack, signaling everyday needs are largely met without being a destination retail node.
For multifamily investors, the neighborhood-level occupancy rate trends below the metro median, suggesting lease-up and renewal management matter more to performance than in tighter Rochester submarkets. At the same time, renter-occupied housing represents a meaningful share of units (36.9%; upper-tier nationally by percentile), indicating a solid tenant pool and depth for workforce-oriented product.
Within a 3-mile radius, WDSuite data shows recent population drifted modestly lower while average household size edged up. Looking ahead, projections indicate more households with smaller sizes by 2028, which typically expands the renter pool and supports occupancy stability even if population growth is muted. Median household incomes in the neighborhood align near national midpoints, and the neighborhood’s rent-to-income levels point to manageable affordability pressure for typical Class B rentals.
Ownership costs in the neighborhood are moderate for the region, which can temper rapid rent-ups in some cycles but also supports retention when positioned below entry-level ownership costs. Combined with amenity access that is competitive among Rochester neighborhoods and a renter base concentrated above national midpoints, the location offers steady fundamentals for well-managed multifamily assets.
Comparable safety data at the neighborhood level was not available in WDSuite for this location. Investors typically benchmark property-level experience against municipal reports and metro-wide trends for Rochester, NY to evaluate relative positioning and any lease management implications.
The employment base nearby spans telecommunications, beverage manufacturing, industrial distribution, life sciences, and legacy tech—sectors that support steady renter demand through diversified commuting options. The employers below are within a plausible commute and help underpin leasing durability for workforce housing.
- Dish Network — telecommunications (19.8 miles)
- Constellation Brands — beverage/alcohol (24.5 miles) — HQ
- Wesco Distribution — industrial distribution (27.9 miles)
- Thermo Fisher Scientific In Fairport Ny — life sciences (29.3 miles)
- Xerox Corporation — print and technology (35.8 miles)
Built in 1983, the 47-unit property offers classic-1980s construction that can benefit from targeted capital planning—unit renovations, common-area refreshes, and systems modernization—to enhance competitiveness against newer stock while maintaining a value position. Neighborhood occupancy trends sit below the Rochester metro median, but a higher renter-occupied share and mid-range rent-to-income levels indicate a durable tenant base. According to CRE market data from WDSuite, amenity access is competitive locally, and ownership costs remain moderate—conditions that can support retention for well-managed, mid-market rentals.
Investor positioning centers on operational execution and selective value-add: calibrate rents to sustain lease velocity, lean on workforce demand tied to diversified nearby employers, and prioritize CapEx that moves the needle on livability. Near-term leasing may be more hands-on versus tighter submarkets, but the combination of renter depth, manageable affordability pressure, and renovation upside creates a balanced, long-term multifamily thesis.
- 1983 vintage with clear value-add levers (interiors, common areas, systems) to drive NOI
- Renter-occupied share above national midpoints supports a deeper tenant pool and renewal stability
- Amenity access competitive among Rochester neighborhoods aids leasing and day-to-day livability
- Moderate ownership costs in the area can sustain renter reliance on multifamily housing
- Risk: neighborhood occupancy below metro median requires disciplined leasing and retention management