| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Fair |
| Demographics | 48th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Dunn Tower Dr, Rochester, NY, 14606, US |
| Region / Metro | Rochester |
| Year of Construction | 1980 |
| Units | 102 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Dunn Tower Dr Rochester Multifamily Opportunity
Renter demand is supported by a sizable renter-occupied housing base and everyday amenities nearby, according to WDSuite’s CRE market data. Neighborhood occupancy trends are steady in the mid-80s, suggesting manageable lease-up risk with attention to operations and positioning.
The property sits in an Inner Suburb of Rochester rated B and ranked 155 of 359 neighborhoods—above the metro median by WDSuite’s neighborhood scoring. Café and grocery density test well versus national norms (85th and 69th percentiles, respectively), while parks, pharmacies, and childcare are limited—a mix that benefits daily convenience but may require residents to travel for certain services. Median contract rents in the neighborhood track modestly above the national middle, reflecting resilient local demand without outsized pricing pressure.
From an income and housing context, the neighborhood’s rent-to-income ratio is about 20%, indicating moderate affordability pressure and supporting retention when combined with stable operations. Home values are lower than many U.S. areas (around the 15th national percentile), which can introduce some competition from ownership options; however, this also helps sustain a broad renter pool for well-managed multifamily assets.
Occupancy across the neighborhood is in the mid-80% range and has softened compared with five years ago, underscoring the importance of tenant retention and focused leasing. Notably, about 48% of housing units are renter-occupied (87th percentile nationally), signaling a deep tenant base that supports multifamily absorption and ongoing demand.
Demographics (aggregated within a 3-mile radius) point to stable-to-improving fundamentals for multifamily: household counts have inched up and are projected to rise further even as average household size trends smaller. WDSuite’s multifamily property research indicates that this combination typically enlarges the renter pool and supports occupancy stability as more, smaller households enter the market.
Comparable crime metrics for this neighborhood were not available in WDSuite’s dataset, so a direct ranking versus the 359 Rochester metro neighborhoods or national percentiles cannot be provided. Investors should rely on customary diligence—reviewing recent police blotters, city reports, and property-level incident history—to contextualize safety at the submarket and street-corridor level.
Nearby employers provide a diversified commute shed that can support renter demand and lease retention, including Wesco Distribution, Constellation Brands, Inc., Dish Network, Xerox Corporation, and Constellation Brands (HQ).
- Wesco Distribution—distribution (2.0 miles)
- Constellation Brands, Inc.—beverage & consumer brands offices (4.5 miles)
- Dish Network—telecommunications (8.3 miles)
- Xerox Corporation—technology & document services (14.9 miles)
- Constellation Brands—beverage & consumer brands offices (15.2 miles) — HQ
Built in 1980, this 102-unit asset is newer than much of the surrounding housing stock, offering a competitive position versus older properties while leaving room for targeted modernization and value-add upgrades over time. Neighborhood occupancy sits in the mid-80% range with a large renter-occupied share, suggesting a deep tenant base where disciplined operations can enhance stability. According to CRE market data from WDSuite, local rents sit near the national middle and amenities skew toward everyday convenience, supporting steady leasing without relying on premium pricing.
Within a 3-mile radius, households are increasing and forecast to grow further as average household size declines—a setup that typically expands the renter pool and supports lease-up velocity. Lower relative home values in the area can create some competition with ownership, but they also reinforce the role of rental housing for residents seeking flexibility, supporting demand for well-positioned multifamily communities.
- 1980 vintage offers value-add and systems modernization potential versus older local stock
- Deep renter base (high renter-occupied share) supports demand and retention
- 3-mile household growth with smaller household sizes points to renter pool expansion
- Risks: mid-80% neighborhood occupancy and limited parks/pharmacy amenities require focused leasing; lower home values may increase competition from ownership