| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 28th | Poor |
| Demographics | 58th | Good |
| Amenities | 37th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 240 Autumnview Dr, Wilson, NY, 14172, US |
| Region / Metro | Wilson |
| Year of Construction | 2002 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
240 Autumnview Dr Wilson NY Newer Multifamily Investment
Neighborhood occupancy trends and low rent-to-income ratios point to durable renter demand, according to WDSuite’s CRE market data, supporting a steady hold in a rural Buffalo-Cheektowaga submarket.
Set in a rural part of the Buffalo-Cheektowaga metro, the neighborhood shows balanced fundamentals for workforce housing. Neighborhood occupancy is around the mid-90s and sits in the 65th percentile nationally, indicating generally stable leasing conditions without relying on outsized growth. The local renter concentration is low (share of housing units that are renter-occupied is in the low teens), which suggests a smaller tenant pool but one that can be sticky for well-managed assets.
The property’s 2002 vintage is newer than much of the surrounding housing stock (the neighborhood skews older), which can enhance competitive positioning versus prewar inventory while still warranting ongoing system upkeep and selective modernization as part of capital planning. Average school ratings in the neighborhood are in the top quartile nationally, a factor that can aid retention for family renters.
Amenities are modest for a rural setting (overall amenity measures sit below the national median), though cafes index relatively stronger than expected for the area. Home values are comparatively accessible in metro context, which can create some competition with ownership; however, a very low rent-to-income ratio (near 6%) indicates limited affordability pressure for renters, supporting retention and measured pricing power. This observation is based on commercial real estate analysis from WDSuite.
Demographic statistics aggregated within a 3-mile radius show recent population growth with household counts also rising, and forward projections indicate households continuing to increase even as average household size trends down. For multifamily investors, that trajectory points to a gradually expanding tenant base and supports occupancy stability over the medium term.
Comparable neighborhood-level crime metrics are not published in this dataset, so investors should benchmark site-specific safety using local reports and historical trends. Rural locations in the Buffalo-Cheektowaga region can exhibit different patterns than urban cores, and underwriting should reflect recent, hyperlocal readings rather than metro-wide assumptions.
Regional employers within commuting range support a diversified workforce renter base, with healthcare, life sciences, logistics, and financial services represented in the corridor noted below.
- Thermo Fisher Scientific — life sciences (21.6 miles)
- UnitedHealth Group — healthcare services (21.9 miles)
- FedEx Trade Networks — logistics (23.0 miles)
- M&T Bank Corp. — financial services (29.3 miles) — HQ
- McKesson — healthcare distribution (32.4 miles)
This 25-unit asset, built in 2002, benefits from a neighborhood with occupancy around the mid-90s and low renter affordability pressure, supporting steady collections and lease retention. The newer vintage relative to surrounding housing stock can provide competitive positioning versus older inventory while leaving room for targeted renovations to drive NOI.
Population and household growth within a 3-mile radius, coupled with accessible ownership costs in the area, suggest a market where rentals compete on quality and convenience more than price. According to CRE market data from WDSuite, the neighborhood’s school quality and national-percentile occupancy positioning further underpin stable renter demand, though investors should account for a smaller renter pool typical of rural locations.
- Stable neighborhood occupancy and low rent-to-income support retention
- 2002 construction offers relative competitiveness versus older local stock
- Household growth within 3 miles expands the tenant base over time
- School ratings in top quartile nationally aid family renter appeal
- Risk: low renter concentration in a rural market can temper lease-up velocity