| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 65th | Good |
| Amenities | 8th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 William James Dr, Churchville, NY, 14428, US |
| Region / Metro | Churchville |
| Year of Construction | 2007 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 William James Dr Churchville NY Multifamily Opportunity
Neighborhood occupancy is strong and household growth within three miles is expanding the local renter base, according to WDSuite s CRE market data, supporting stable leasing for a 2007-built, 33-unit asset.
Churchville sits within the Rochester, NY metro and scores a B- neighborhood rating with a Rural profile. Neighborhood occupancy is competitive among Rochester neighborhoods (ranked in the top 40% of 359) and in the top quartile nationally, pointing to demand that supports steady renewals and lease-up. Within a 3-mile radius, households have increased meaningfully over the past five years, expanding the potential tenant base and reinforcing occupancy stability.
From a schools perspective, the average school rating is competitive among Rochester neighborhoods (top quartile of 359) and above national medians, which can bolster family-driven renter demand and retention. However, local amenities are limited (amenities score sits in the lower decile nationally), consistent with the area s Rural character, so residents may rely on nearby corridors for retail and services.
Tenure patterns indicate a relatively low share of renter-occupied housing in the neighborhood and within the 3-mile area, which suggests a thinner but potentially stable renter pool; investors should plan marketing to capture move-ins from nearby employment hubs and life-stage changes. Median home values remain moderate for the region and the value-to-income ratio trends on the low side nationally, which can introduce some competition from ownership and temper pricing power relative to higher-cost submarkets.
Vintage is an advantage: the property s 2007 construction stands newer than the neighborhood s older average housing stock (1963). That positioning can enhance competitiveness versus older rentals, though investors should still plan for mid-life system updates and targeted renovations to meet current renter expectations. These dynamics, combined with rent levels that align with a favorable rent-to-income profile (top quartile nationally), point to manageable affordability pressure and support for lease retention based on CRE market data from WDSuite.
Comparable crime metrics for this neighborhood are not available in WDSuite s current release. Investors typically benchmark property-level experience against broader Rochester metro and Monroe County trends and monitor management reporting for directional changes over time.
As with any Rural-location asset, prudent practices include reviewing recent incident reports, confirming lighting and access controls, and aligning policies with regional best practices to support resident confidence and lease retention.
Proximity to corporate nodes supports commuter convenience and a diversified renter base, with employment ties to telecommunications, distribution, consumer brands, and life sciences reflected below.
- Dish Network telecommunications (12.3 miles)
- Wesco Distribution distribution (12.8 miles)
- Constellation Brands, Inc. consumer brands offices (14.5 miles)
- Constellation Brands consumer brands (22.1 miles) HQ
- Thermo Fisher Scientific life sciences offices (25.2 miles)
The 33-unit asset at 1 William James Dr benefits from a newer 2007 vintage relative to older neighborhood stock, providing competitive positioning without the near-term heavy lift typical of mid-century buildings; investors should still plan for mid-life capital items and targeted upgrades. Neighborhood occupancy trends rank competitively within the Rochester metro and in the top quartile nationally, while 3-mile household growth and a favorable rent-to-income profile indicate depth for stable leasing and renewal performance, based on commercial real estate analysis from WDSuite.
Counterbalancing factors include a relatively low renter-occupied share in the immediate area and limited nearby amenities, which may require stronger marketing, convenience features, and asset-level programming to sustain absorption. Ownership costs remain moderate in context, which can add competition from for-sale housing and moderate pricing power compared with high-cost metros.
- 2007 construction offers competitive positioning versus older local stock, with manageable mid-life capex planning.
- Competitive neighborhood occupancy and top-quartile national standing support leasing stability.
- Expanding households within 3 miles point to a growing tenant base and renewal potential.
- Favorable rent-to-income dynamics support retention and measured rent growth strategies.
- Risks: lower renter concentration and limited local amenities may temper absorption and pricing power; active management can mitigate.