| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Good |
| Demographics | 69th | Best |
| Amenities | 35th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 La Madre Way, Baldwinsville, NY, 13027, US |
| Region / Metro | Baldwinsville |
| Year of Construction | 1993 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 La Madre Way Baldwinsville Multifamily Investment
Neighborhood occupancy is competitive among Syracuse submarkets, supporting steady leasing and retention, according to WDSuite’s CRE market data. Positioning in a suburban A- rated area points to durable renter demand rather than volatility.
The property sits in a suburban pocket of Baldwinsville that ranks in the top quartile among 247 Syracuse neighborhoods (A- neighborhood rating), indicating stronger overall livability compared with many local peers. Restaurant and grocery access track above national norms (both around the 70th percentile nationally), while pharmacies are similarly well represented; parks and cafes are limited, which tilts everyday convenience toward errands and dining rather than recreation or third‑spaces.
Multifamily fundamentals are favorable at the neighborhood level: occupancy trends are strong (above the national average and competitive among Syracuse neighborhoods), suggesting stable cash flow potential versus more volatile urban cores. Median school ratings are above national averages, a family-friendly signal that can support leasing velocity for larger units. The local housing stock is older on average, with typical construction dating to the late 1930s across the neighborhood; a 1993 vintage asset can compete well against older comparables while investors should still plan for targeted systems upgrades over a hold period.
Within a 3‑mile radius, population and household counts have grown at a high single‑digit pace over the past five years, with forecasts pointing to continued gains and smaller average household sizes by 2028—both supportive of a larger tenant base and absorption of multifamily product. Renter-occupied units account for roughly one‑third of housing within this radius, indicating a meaningful renter concentration without overexposure. Median contract rents remain accessible relative to local incomes and the neighborhood’s rent‑to‑income ratios are low, which can aid retention and reduce turnover risk as renewal cycles come due, based on CRE market data from WDSuite.
Ownership costs in the area are moderate by national standards, which can create some competition from entry-level ownership; however, steady incomes (around the 80th national percentile at the neighborhood level) and an expanding household base underpin demand for quality rentals. For investors, the combination of steady occupancy, balanced renter share, and a comparatively newer 1993 vintage supports a defensive positioning with selective value‑add potential.
Safety indicators are mixed when viewed in context. At the metro level, this neighborhood’s crime rank sits below the Syracuse median (154 out of 247 neighborhoods), while national benchmarking shows violent incidents around the middle of U.S. neighborhoods and property crime comparatively weaker than national averages. Recent year data indicates an uptick in reported property and violent offenses; investors should underwrite prudent security measures and insurance assumptions while noting that suburban settings like this often maintain steadier conditions than dense urban cores.
Overall, the area is not among the highest-performing safety cohorts in the metro, but trends remain manageable with standard risk controls, good lighting, and resident engagement programs. Monitoring year-over-year shifts and coordinating with local property management to align operating practices to neighborhood conditions is advisable.
Nearby employers contribute to a diversified workforce draw and support renter demand through commute convenience, particularly for office and manufacturing roles reflected below.
- ADP Syracuse — payroll and HR services (8.8 miles)
- WestRock — paper and packaging (9.9 miles)
This 55‑unit, 1993‑vintage property benefits from neighborhood fundamentals that compare favorably within the Syracuse metro—strong occupancy, above‑average household incomes, and a renter base large enough to support steady absorption. The asset’s newer vintage versus the area’s older housing stock enhances competitive positioning, while still leaving room for targeted value‑add through interiors, common‑area refreshes, and systems modernization over time. According to commercial real estate analysis from WDSuite, local rent-to-income ratios remain low, reinforcing lease retention and stable collections.
Forward-looking demographics within a 3‑mile radius point to additional population and household growth and a gradual shift toward smaller households—factors that typically expand the renter pool and support occupancy stability. The primary risks to underwrite are modest competition from ownership options and mixed safety indicators, which can be mitigated via prudent capex planning, on-site security practices, and disciplined lease management.
- Competitive occupancy and above‑average incomes support stable cash flow
- 1993 vintage outpositions older neighborhood stock while allowing targeted value‑add
- 3‑mile population and household growth expands the tenant base and supports leasing
- Low rent‑to‑income ratios aid renewal retention and pricing resilience
- Risks: mixed safety metrics and some competition from entry‑level ownership