| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Best |
| Demographics | 57th | Good |
| Amenities | 28th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 Dalaker Dr, Rochester, NY, 14624, US |
| Region / Metro | Rochester |
| Year of Construction | 2002 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
110 Dalaker Dr, Rochester NY — 49-Unit Income Property
Inner-suburb fundamentals point to steady renter demand and competitive occupancy at the neighborhood level, according to WDSuite’s CRE market data. The area skews more owner-occupied, but stable leasing conditions support predictable operations for well-maintained assets.
Located in an inner suburb of Rochester, the neighborhood carries a B+ rating and is competitive among Rochester neighborhoods (97 of 359). Occupancy in the neighborhood is strong at 96.8%, placing it competitive among Rochester neighborhoods (rank 113 of 359), which supports income stability for nearby multifamily assets. Renter-occupied housing is a meaningful minority of the stock, indicating demand is present but not concentrated, which can translate into steadier renewal dynamics rather than rapid churn.
Livability is defined more by residential convenience than entertainment density. Grocery access is competitive in the metro (rank 109 of 359), while parks, pharmacies, and cafes are limited within the immediate area. Average school ratings in the neighborhood trend below national norms (national percentile 37), which may influence unit mix and pricing strategy for family-oriented product.
Relative affordability underpins rental dynamics. Neighborhood rents are mid-range with solid five‑year growth, while median household incomes trend above national medians (64th percentile). With a value‑to‑income ratio below many coastal markets and a rent‑to‑income ratio that suggests manageable tenant cost burdens, operators may see stable retention when paired with measured rent steps.
Vintage matters for competitiveness. The property’s 2002 construction is newer than the neighborhood’s average vintage of 1983, offering an edge versus older stock while still warranting targeted modernization of interiors and building systems to support rent positioning and reduce near‑term capex surprises.
Safety indicators compare favorably at the national level. The neighborhood trends in the higher national percentiles for lower violent incidents (88th percentile) and above the national median for lower property incidents (69th percentile), signaling comparatively safer conditions than many U.S. neighborhoods. Recent data also show a notable year‑over‑year decline in estimated violent incidents (96th percentile improvement nationally), which supports leasing stability.
Within the Rochester metro, conditions can vary across subareas from year to year, so investors should review property‑level security measures and recent comps. The takeaway is directional: nationally competitive safety readings paired with improving trends, without making block‑level claims.
Employment anchors within commuting distance include distribution, telecommunications, beverage, and technology offices, supporting a diverse renter base and commute convenience for workforce households.
- Wesco Distribution — distribution (5.1 miles)
- Constellation Brands, Inc. — beverage (6.7 miles)
- Dish Network — telecommunications (7.4 miles)
- Constellation Brands — beverage (16.0 miles) — HQ
- Xerox Corporation — technology offices (17.7 miles)
This 49‑unit, 2002‑vintage asset benefits from neighborhood occupancy near 97% and a renter base supported by incomes above national medians, according to CRE market data from WDSuite. Newer construction relative to the area’s 1980s average provides competitive positioning versus older stock, with scope for targeted renovations to drive rent premiums without outsized near‑term capital exposure.
Within a 3‑mile radius, households have expanded over the past five years and are projected to increase further, indicating a larger tenant base and supporting occupancy stability. While the immediate area is amenity‑light and ownership is prevalent, the combination of steady leasing conditions, improving safety trends, and diversified nearby employers supports a durable, income‑oriented thesis with measured value‑add upside.
- Competitive neighborhood occupancy supports cash flow stability
- 2002 construction outperforms older local stock; targeted updates can unlock premiums
- 3‑mile household growth and diversified employers expand the renter pool
- Nationally favorable safety trend reinforces tenant retention
- Risk: amenity‑light, owner‑leaning area can temper rent growth; align unit finishes and pricing to local willingness to pay