| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 79th | Best |
| Amenities | 13th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 155 Wintergreen Way, Rochester, NY, 14618, US |
| Region / Metro | Rochester |
| Year of Construction | 1972 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
155 Wintergreen Way Rochester 86-Unit Multifamily
Neighborhood occupancy is strong and renter demand is broad, supporting income stability for institutional and private investors, according to WDSuite s CRE market data. Pricing power is helped by a high share of renter-occupied units in the area and competitive school ratings.
Located in an inner-suburban pocket of Rochester, the neighborhood posts a high occupancy level (98.7% neighborhood occupancy), which sits in the top quartile nationally based on CRE market data from WDSuite. At the metro level, this performance is above the median among 359 neighborhoods, indicating resilient leasing dynamics for nearby multifamily assets.
Renter concentration is substantial: an estimated 54.5% of housing units are renter-occupied. That depth of the tenant base supports consistent demand and lease-up velocity for professionally managed properties, with implications for renewal retention during normal market cycles.
School quality is a local strength. Average school ratings are competitive among Rochester neighborhoods (ranked 8th of 359) and land in the top quartile nationally (84th percentile), a factor that can bolster retention for family-oriented units and larger floor plans.
Retail and daily-needs access inside the immediate neighborhood is thinner, with limited cafes, groceries, parks, and pharmacies by density measures (amenities rank 210 of 359; 13th percentile nationally). Investors should underwrite convenience via nearby corridors rather than within a short walk, while leveraging off-street parking and larger-unit layouts common to inner suburbs.
Rents benchmark above the metro median (neighborhood median contract rent rank 33 of 359; 72nd percentile nationally), aligning with a higher-income renter profile and supporting achievable rent levels for well-managed assets. Median home values in the area are elevated relative to much of the region, which tends to reinforce renter reliance on multifamily housing and can support pricing discipline.
Within a 3-mile radius, demographics indicate a growing renter pool. Population has increased over the last five years with households expanding and further growth projected by 2028, which points to a larger tenant base over the underwriting period. Rising median incomes in the radius, combined with rent levels that generally track local earning power, support occupancy stability rather than outsized turnover.
Safety indicators are mixed and should be evaluated with standard underwriting diligence. Compared with neighborhoods nationwide, the area s violent-offense rate trends toward the safer end of the spectrum (around the 71st percentile nationally), while property offenses sit roughly near the national midline (about the 52nd percentile), based on WDSuite s data.
At the metro level, recent year-over-year changes show some volatility (violent-offense change tracking in a lower national percentile), so investors may wish to incorporate modest security measures and monitor trend updates alongside local comps. These figures reflect neighborhood-level patterns, not property-specific incidents.
Proximity to regional employers supports renter demand and commute convenience, with a concentration in corporate offices, distribution, and life sciences. The following nearby employers anchor local employment and can underpin leasing stability for workforce and professional tenants.
- Constellation Brands, Inc. corporate offices (4.2 miles)
- Dish Network corporate offices (5.4 miles)
- Constellation Brands corporate offices (7.1 miles) HQ
- Wesco Distribution distribution (7.2 miles)
- Thermo Fisher Scientific In Fairport Ny life sciences (9.1 miles)
This 1972, 86-unit asset sits in a neighborhood with consistently high occupancy and a sizable renter base, supporting durable cash flow under standard operating assumptions. According to CRE market data from WDSuite, neighborhood occupancy performance is above the metro median and in the top quartile nationally, while nearby schools rank strongly in both metro and national comparisons factors that can aid retention and reduce leasing friction for larger units.
Within a 3-mile radius, population and household counts have grown and are projected to expand further by 2028, signaling a larger tenant base over the hold. The vintage points to typical 1970s systems and finishes capex planning and targeted value-add (common areas, interiors, energy efficiency) can enhance competitiveness against newer product while leveraging stable demand drivers. Limited walkable amenities nearby is a known tradeoff; underwriting should emphasize on-site convenience, parking, and access to employment corridors.
- Neighborhood occupancy is strong and above metro norms, supporting income stability
- Large renter-occupied share indicates depth of tenant demand
- 1972 vintage offers operational and value-add levers with planned capex
- 3-mile demographics show population and household growth, expanding the renter pool
- Risks: limited walkable amenities and mixed safety trends warrant prudent management and monitoring