| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 65th | Good |
| Amenities | 8th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30 Baker St, Churchville, NY, 14428, US |
| Region / Metro | Churchville |
| Year of Construction | 2011 |
| Units | 63 |
| Transaction Date | 2017-02-14 |
| Transaction Price | $7,500,000 |
| Buyer | MS Baker Street, LLC |
| Seller | --- |
30 Baker St Churchville NY Multifamily Investment, 2011 Build
Neighborhood occupancy trends are strong—top quartile nationally—supporting lease stability for a 63-unit asset, according to WDSuite s CRE market data. Newer construction relative to local stock positions the property competitively while serving a largely owner-heavy area.
Livability is defined by a rural setting with limited retail density, but the submarket benefits from proximity to Rochester employment nodes. The property s 2011 vintage is materially newer than the neighborhood s older housing base (average year built 1963), suggesting relative competitiveness versus legacy stock and potentially lower near-term capital exposure, while still planning for system updates typical of assets entering their mid-life.
From an operations lens, the neighborhood s occupancy sits in the top quartile nationally and above the metro median among 359 Rochester neighborhoods (based on CRE market data from WDSuite), which is supportive of renewal rates and pricing discipline. Median contract rents in the immediate area track in the mid-$900s, indicating renters are paying well below typical rent-to-income thresholds locally, which can create measured room for revenue growth subject to unit quality and leasing conditions.
Within a 3-mile radius, demographics point to a growing renter pool: population and households have expanded in recent years, with additional household gains projected, which can translate into a larger tenant base and support occupancy stability. The area remains owner-dominated, with a low share of renter-occupied housing units, implying limited direct rental competition but a shallower immediate renter base; in practice, this can favor retention and steady absorption for well-maintained, larger-format units.
Schools post an average rating that is competitive among Rochester neighborhoods and in the top quartile nationally, a potential advantage for family-oriented floor plans. Amenity density (cafes, groceries, parks) is comparatively thin, so car access is important; investors should underwrite accordingly for parking demand and convenience features.
Comparable crime statistics for this neighborhood are not available in WDSuite s dataset, so no metro rank or national percentile can be cited. Investors should rely on standard diligence reviewing municipal reports and broader Rochester-area trends to contextualize safety at the submarket level rather than block-by-block claims.
Nearby employers provide a diversified commute shed that can support renter demand and lease retention, including telecom, industrial distribution, beverages, and life sciences. The list below highlights key employers within roughly 12 30 miles.
- Dish Network telecom services (12.1 miles)
- Wesco Distribution industrial distribution (12.5 miles)
- Constellation Brands, Inc. beverages & corporate offices (14.2 miles)
- Constellation Brands beverages & corporate offices (21.9 miles) HQ
- Thermo Fisher Scientific life sciences offices (25.0 miles)
30 Baker St offers 63 units with a 2011 construction date and larger average floor plans (~1,032 sq. ft.), positioning it as a competitive option versus the area s older housing stock. Neighborhood occupancy trends are strong and above metro medians, and within a 3-mile radius households have grown with further gains projected, supporting a broader tenant base for family-friendly layouts.
Median contract rents in the vicinity sit well below local incomes, indicating manageable affordability pressure and measured pricing headroom when paired with targeted upgrades. According to CRE market data from WDSuite, the neighborhood s owner-heavy tenure suggests limited direct rental competition which can aid retention but also calls for thoughtful leasing strategies and amenities to capture a thinner renter segment in a rural environment.
- 2011 vintage and larger unit sizes enhance competitive positioning versus older local stock
- Strong neighborhood occupancy and 3-mile household growth support demand and renewal potential
- Income-to-rent dynamics indicate room for value-add-driven rent lifts subject to execution
- Risk: rural amenity density and an owner-heavy area require targeted marketing and convenience features to sustain lease-up