| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 68th | Best |
| Amenities | 10th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1102 Vine St, Liverpool, NY, 13088, US |
| Region / Metro | Liverpool |
| Year of Construction | 1978 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1102 Vine St Liverpool Multifamily Investment Opportunity
Neighborhood occupancy has held in the mid-90s with stable renter demand, according to WDSuite’s CRE market data. This Liverpool inner-suburb location supports steady leasing while leaving room for targeted value-add execution.
Located in Liverpool’s inner suburbs of the Syracuse metro, the property sits in a neighborhood rated B+ and competitive among Syracuse neighborhoods (ranked 67 of 247). The area skews residential with limited on-block cafes, restaurants, parks, and pharmacies, but grocery access is comparatively stronger in-metro. Median neighborhood rents trend in the low-$1,100s and occupancy has remained in the mid-90s over the last five years, signaling stable tenant retention and leasing.
Vintage matters for operations: built in 1978 versus a local average stock from the mid-1960s, this asset is somewhat newer than much of the surrounding inventory. That positioning can aid leasing competitiveness against older stock, while investors should still underwrite ongoing system upgrades and targeted renovations typical for late-1970s construction.
Renter-occupied housing accounts for roughly one-third of neighborhood units (about 36%), indicating a moderate renter concentration that supports a durable tenant base without overreliance on transient demand. Within a 3-mile radius, population has edged up recently and is projected to grow further, while household counts are expected to rise and average household size to tick lower. Together, these shifts point to a gradually expanding renter pool and support for occupancy stability.
Ownership costs remain relatively manageable for the region, which can create some competition with entry-level ownership. However, rent-to-income levels appear balanced locally, and—based on multifamily property research from WDSuite—this tends to support lease retention where properties emphasize convenience, parking, and functional renovations.
Safety signals are mixed but generally serviceable for workforce-oriented housing. The neighborhood’s crime position is competitive among Syracuse neighborhoods (ranked 83 of 247), with violent incidents comparing favorably to national peers while property-related incidents sit closer to national mid-to-lower tiers. Investors should emphasize lighting, access control, and resident engagement to support retention and leasing.
Nationally, the neighborhood falls above average for violent safety, while property crime trends are nearer the weaker half. Recent year-over-year improvement in violent incidents is a constructive trend, but underwriting should assume typical suburban risk management and continue monitoring local police reports and insurer guidance.
Nearby corporate offices help anchor weekday demand and shorten commutes, supporting leasing stability for workforce renters. The immediate area is influenced primarily by ADP and WestRock corporate operations.
- ADP Syracuse — corporate offices (0.63 miles)
- WestRock — corporate offices (3.42 miles)
1102 Vine St offers a pragmatic value-add play in a steady inner-suburban location. Neighborhood occupancy has held in the mid-90s with balanced rent-to-income dynamics, and the renter base is moderate rather than saturated—favorable for retention. The 1978 vintage is newer than much of the surrounding stock, suggesting competitive positioning with upside from focused interior and systems upgrades. Within a 3-mile radius, population and household growth trends point to a gradually expanding tenant base, which should help sustain leasing.
Home values are elevated enough to sustain renter reliance on multifamily without pricing out move-up ownership entirely, so thoughtful amenity and unit updates can differentiate the asset. According to commercial real estate analysis from WDSuite, these neighborhood fundamentals compare well to broader metro patterns, supporting an underwriting case centered on operational consistency rather than speculative growth.
- Mid-90s neighborhood occupancy and balanced rent-to-income support leasing stability.
- 1978 vintage offers value-add potential while remaining newer than much of nearby stock.
- 3-mile radius shows population and household growth, expanding the renter pool.
- Proximity to corporate offices (ADP, WestRock) underpins workforce demand and retention.
- Risks: limited on-block amenities and property-crime exposure warrant standard security, plus capex planning for late-1970s systems.