| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 79th | Best |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8927 Center Pointe Dr, Baldwinsville, NY, 13027, US |
| Region / Metro | Baldwinsville |
| Year of Construction | 2003 |
| Units | 121 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8927 Center Pointe Dr Baldwinsville 121-Unit Multifamily
Neighborhood occupancy is strong and stable, according to WDSuite’s CRE market data, supporting consistent renter demand around 8927 Center Pointe Dr in Baldwinsville, NY. The submarket’s fundamentals point to durable leasing with room for selective value-add plays.
Rated A and ranked 13 out of 247 neighborhoods in the Syracuse metro, this suburban pocket is competitive among Syracuse neighborhoods for long-term multifamily performance. Neighborhood occupancy is in the 95th national percentile, signaling stable leasing conditions that have held up relative to both metro and national trends.
The property’s 2003 vintage is newer than the neighborhood’s average construction year (1989), which typically supports competitive positioning versus older local stock. Investors should still underwrite normal mid-life system updates and common-area refresh opportunities that can enhance retention and rent trade-outs.
Within a 3-mile radius, population has grown modestly over the past five years and is projected to expand further, with households expected to increase meaningfully. This suggests a larger tenant base ahead, even as average household size trends slightly lower, which can support absorption and occupancy stability for multifamily assets.
Renter-occupied housing represents roughly a quarter of units both in the neighborhood and within the 3-mile area, indicating a defined but not oversized renter pool. Median household incomes are high for the area, and the rent-to-income ratio sits in the top decile nationally, pointing to relatively low affordability pressure and potential pricing headroom with disciplined lease management. By contrast, a lower national percentile for the value-to-income ratio indicates a more accessible ownership market than in many U.S. neighborhoods, which can introduce competition with for-sale housing and warrants attention to tenant retention strategy.
Amenity access skews car-oriented: childcare availability is above national norms (around the 71st percentile), while cafes, groceries, and pharmacies are limited locally. Parks and open space index above average nationally, and restaurant density is moderate. For investors, this mix supports a suburban renter profile that values space and convenience over walkability, with demand often reinforced by nearby employment nodes and commuting patterns.
Neighborhood safety indicators compare favorably in a national context: overall crime sits around the 69th percentile for safety versus neighborhoods nationwide, with violent offense measures near the 59th percentile. Recent data also show meaningful year-over-year declines in both property and violent offense rates, suggesting improving conditions rather than deterioration.
As always, safety outcomes vary by block and over time. For underwriting, trend direction and comparative positioning at the neighborhood level are useful signals, but site-specific diligence remains important.
Nearby employers provide a diverse white-collar employment base that supports renter demand and commute convenience, particularly in professional services and packaging. The list below highlights proximate corporate offices relevant to prospective tenants.
- ADP Syracuse — payroll & HR services (8.1 miles)
- WestRock — packaging & paper products (9.8 miles)
This 121-unit, 2003-built asset sits in a high-occupancy suburban neighborhood that ranks competitively within the Syracuse metro and demonstrates above-average national positioning for stability. According to CRE market data from WDSuite, neighborhood occupancy trends sit in the top tier nationally, while incomes in the area support relatively low rent-to-income levels—favorable for retention and measured rent growth.
The vintage is newer than the neighborhood average, offering an edge over older comparables and creating potential for targeted value-add through interior updates and common-area enhancements. Forward-looking 3-mile demographics point to population expansion and a notable increase in households, which should expand the renter pool and support leasing. Key watch items include competition from a comparatively accessible ownership market and the car-oriented amenity pattern, both manageable with appropriate unit finishes, parking, and service offerings.
- High neighborhood occupancy with competitive metro ranking supports stable cash flow
- 2003 vintage outpositions older local stock; scope for targeted renovations
- 3-mile population and household growth expand the tenant base and leasing depth
- Strong incomes and low rent-to-income levels provide pricing headroom with prudent management
- Risks: relatively accessible for-sale market and car-dependent amenities may pressure retention without thoughtful positioning