| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 68th | Best |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5000 E Henrietta Rd, Henrietta, NY, 14467, US |
| Region / Metro | Henrietta |
| Year of Construction | 1975 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5000 E Henrietta Rd Henrietta Multifamily Investment
Located in a Rochester-area neighborhood with steady renter demand and mid-90% occupancy, this asset offers income stability with value-add potential, according to WDSuite’s CRE market data. Investor focus centers on dependable tenancy supported by nearby employment and household growth within a 3-mile radius.
The property sits in a Rochester, NY metro neighborhood rated A- and competitive among Rochester neighborhoods for occupancy (ranked 141 out of 359, roughly top two-fifths) with a national standing in the upper quartile for occupancy stability. That backdrop supports predictable leasing, while the neighborhood’s renter-occupied share around one-quarter signals a moderate but reliable tenant base for multifamily operators.
Livability is balanced: grocery access tracks near metro norms, while cafes and parks are thinner at the neighborhood scale. Average school ratings land in the top quartile among 359 metro neighborhoods, a family-friendly signal investors often associate with retention. Neighborhood rents benchmark modestly above national norms (around the 60th percentile), reinforcing achievable pricing without overreliance on premium positioning.
Within a 3-mile radius, population and households have expanded in recent years, with households growing faster than population, implying smaller household sizes and a broader addressable renter pool. Income levels are healthy and rising, which can support rent growth and occupancy management. Forward-looking projections indicate additional household increases, reinforcing depth of demand for well-run multifamily product.
Construction trends in the neighborhood skew newer (average vintage ~2003), while this asset was built in 1975. The older vintage suggests capital planning and renovation programs could unlock competitiveness versus nearby 2000s-era stock, particularly in unit interiors, building systems, and curb appeal. Home values in the area are comparatively accessible, which can introduce some competition with ownership; operators that emphasize quality, convenience, and professional management can sustain pricing power and lease retention.
Comparable neighborhood crime metrics were not available in the latest WDSuite release for this specific area. Investors typically benchmark against Rochester metro trends and prioritize on-site measures (lighting, access controls, tenant screening) alongside local policing updates to manage risk over the hold period.
Proximity to corporate offices supports a consistent renter base that values commute convenience and stability. Nearby employers include Dish Network, Constellation Brands, Wesco Distribution, and Thermo Fisher Scientific—providing diversified white-collar and technical employment within practical driving distances.
- Dish Network — corporate offices (2.5 miles)
- Constellation Brands — corporate offices (8.8 miles) — HQ
- Constellation Brands, Inc. — corporate offices (9.2 miles)
- Wesco Distribution — corporate offices (11.1 miles)
- Thermo Fisher Scientific In Fairport Ny — corporate offices (13.0 miles)
5000 E Henrietta Rd combines neighborhood occupancy strength with a moderate renter concentration and growing household counts within a 3-mile radius—factors that support tenant demand and leasing durability. According to CRE market data from WDSuite, the neighborhood’s occupancy ranks competitively within the Rochester metro and trends in the upper quartile nationally, giving operators a solid foundation for income stability.
Built in 1975, the asset is older than much of the nearby stock (which trends 2000s), pointing to value-add and capital planning opportunities in interiors and building systems to enhance competitiveness. While ownership is relatively accessible in this area—creating some overlap with for-sale options—steady employment access and rising incomes can help sustain demand for well-managed multifamily units.
- Neighborhood-level occupancy strength supports income stability versus metro peers.
- 3-mile household growth and rising incomes expand the renter pool and pricing headroom.
- 1975 vintage offers clear value-add and system modernization pathways to compete with newer stock.
- Risk: comparatively accessible homeownership may pressure leasing; product quality and operations are key differentiators.