| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 30th | Poor |
| Demographics | 53rd | Fair |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 102 Susan Ln, Rochester, NY, 14616, US |
| Region / Metro | Rochester |
| Year of Construction | 1972 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
102 Susan Ln Rochester Multifamily Investment Opportunity
Renter-occupied housing represents a meaningful share of units in the surrounding neighborhood, supporting a consistent tenant base, according to WDSuite’s CRE market data. With suburban positioning in Rochester, demand tends to come from workforce households seeking value and commute convenience.
This Inner Suburb location in Rochester, NY, skews toward workforce renters. The neighborhood posts a sizable renter-occupied share (top quartile nationally), which supports depth of demand for smaller and mid-size units and can aid leasing stability through cycles. By contrast, overall neighborhood occupancy trends have trailed the metro in recent years, so deal underwriting should emphasize retention and targeted leasing operations.
Local retail and daily-needs amenities within the immediate neighborhood are limited in WDSuite’s dataset, indicating residents likely rely on nearby corridors for groceries, pharmacies, and dining. That dynamic can concentrate demand around properties that offer on-site conveniences, parking, or quick arterial access.
The property’s 1972 vintage is newer than the neighborhood’s average construction year, which can provide a competitive edge versus older stock while still warranting capital planning for aging systems and interior modernization to capture value-add upside.
Demographic statistics aggregated within a 3-mile radius show recent population growth with households also trending upward and projected to continue increasing through 2028, expanding the renter pool and supporting occupancy. Median home values in the surrounding area remain relatively accessible versus national levels, which can create some competition from ownership but also keeps renter affordability pressures manageable, aiding lease retention and pricing power for well-positioned assets.
Comparable neighborhood safety metrics are not available in WDSuite’s dataset for this location. Investors commonly benchmark against city and county trend reports to gauge relative conditions and incorporate appropriate security, lighting, and property management practices in underwriting.
Proximity to regional corporate offices supports workforce housing demand and commute convenience, notably from Wesco Distribution, Constellation Brands, Xerox, and Dish Network.
- Wesco Distribution — corporate offices (2.0 miles)
- Constellation Brands, Inc. — corporate offices (4.5 miles)
- Dish Network — corporate offices (10.7 miles)
- Xerox Corporation — corporate offices (12.6 miles)
- Constellation Brands — corporate offices (15.6 miles) — HQ
102 Susan Ln is a 32‑unit multifamily asset built in 1972, positioned in an inner-suburban pocket that draws steady demand from workforce renters. The neighborhood shows a high concentration of renter-occupied units (top quartile nationally), indicating a durable tenant base, while overall occupancy in the neighborhood has lagged the metro, reinforcing the need for active leasing and retention strategies. The 1972 vintage is newer than the neighborhood average, suggesting competitive positioning versus older stock with potential value-add through unit upgrades and system refreshes.
Within a 3-mile radius, population and households have grown recently and are expected to continue rising by 2028, pointing to a gradual renter pool expansion that can support occupancy. Median home values in the area remain relatively accessible, which may cap near-term rent upside in some segments but also keeps rent-to-income pressures moderate for renewal retention. According to CRE market data from WDSuite, these fundamentals align with a workforce-oriented submarket where careful operations and targeted capital investment can drive stable performance.
- Workforce demand: renter-occupied share is high (top quartile nationally), supporting depth of tenant demand
- Value-add angle: 1972 vintage newer than local average, with upside from interior updates and system modernization
- Expanding renter pool: 3-mile population and household growth expected to continue through 2028
- Affordability supports retention: relatively accessible ownership costs help manage rent-to-income pressures
- Risk: neighborhood occupancy has trailed the metro, requiring attentive leasing, renewals, and expense control