| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Best |
| Demographics | 61st | Good |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 143 Maple Dr, Camillus, NY, 13031, US |
| Region / Metro | Camillus |
| Year of Construction | 2006 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
143 Maple Dr Camillus Multifamily, 2006 Vintage
Newer construction relative to the neighborhood positions this 24-unit asset for durable leasing in a suburban pocket where occupancy has been steady, according to WDSuite’s CRE market data. The core takeaway for investors is competitive product in an older housing area that supports stable renter demand.
Camillus sits within the Syracuse, NY metro and this neighborhood scores as competitive among Syracuse neighborhoods, supported by a suburban setting and steady renter demand. The property’s 2006 vintage is materially newer than the neighborhood’s older housing stock, which can enhance curb appeal and reduce near‑term modernization needs versus pre‑war assets while still warranting planning for mid‑life systems over the hold period.
Neighborhood livability trends point to practical conveniences: restaurant density tracks above national midpoints, grocery access is solid, while cafes and parks are thinner, suggesting a more car‑oriented suburban lifestyle. For investors, that mix supports day‑to‑day resident needs but may cap premiums tied to walkable amenity clusters.
Occupancy at the neighborhood level has trended slightly higher in recent years, signaling resilient leasing conditions. Renter‑occupied housing accounts for roughly two‑fifths of local units, indicating a meaningful renter concentration that supports depth of tenant demand. Median contract rents in the neighborhood sit in a moderate range, and the rent‑to‑income profile points to manageable affordability pressures—favorable for retention, with measured room for pricing, rather than outsized near‑term rent growth.
Demographic statistics aggregated within a 3‑mile radius show that total population slipped in the prior period, but households are projected to increase through the forecast horizon as average household size trends lower. That combination typically expands the renter pool for smaller formats and supports occupancy stability. Household incomes in the 3‑mile area are also projected to rise, reinforcing the ability to pay and aiding lease management in a moderating growth backdrop.
Home values locally reflect a high‑cost ownership market relative to incomes in some parts of the metro, which tends to sustain renter reliance on multifamily housing. In practical terms, this supports tenant retention and cushions downside risk, while the accessible rent levels mean investors should underwrite steady, rather than aggressive, rent gains.
Safety indicators for this neighborhood compare favorably in the region and are stronger than many areas nationally, based on WDSuite’s CRE market data. Recent readings show property and violent offense rates moving lower year over year, a constructive trend for resident retention and lease‑up narratives.
Within the Syracuse metro (247 neighborhoods), the area reads as above the metro average, and nationally it aligns closer to the safer end of the spectrum. While no neighborhood is risk‑free, the directional improvement and relative standing provide a supportive backdrop for multifamily operations.
Nearby employment nodes include packaging and payroll services offices that help anchor daily commute patterns and support renter demand from steady, service‑oriented workforces: WestRock and ADP are the closest notable corporate offices.
- WestRock — packaging & paper solutions offices (5.9 miles)
- ADP Syracuse — payroll & HR services (7.9 miles)
Built in 2006, this 24‑unit property offers newer construction relative to an older neighborhood base, providing competitive positioning versus legacy assets while calling for prudent planning around mid‑life systems. Neighborhood occupancy has been stable and trending modestly higher, and a meaningful renter‑occupied share indicates depth to the tenant base. According to CRE market data from WDSuite, local rent levels remain accessible relative to incomes, supporting retention and measured rent growth rather than aggressive step‑ups.
Within a 3‑mile radius, households are projected to increase even as average household size declines, which typically expands the renter pool for smaller formats and supports leasing stability. Amenity access favors grocery and dining over parks and cafes, consistent with a suburban profile—sufficient for daily living while limiting premiums tied to highly walkable micro‑locations.
- 2006 construction positions the asset competitively versus older neighborhood stock, with moderate capital planning for mid‑life systems.
- Steady neighborhood occupancy and a meaningful renter‑occupied share support demand depth and lease stability.
- Accessible rent levels relative to incomes support retention and incremental pricing over time.
- 3‑mile household growth and smaller household sizes point to a larger renter pool for 1–2 bedroom formats.
- Risk: suburban amenity mix and relatively accessible ownership options may temper premium rent growth; underwrite to steady performance.