| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Best |
| Demographics | 63rd | Good |
| Amenities | 23rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1325 E Victor Rd, Victor, NY, 14564, US |
| Region / Metro | Victor |
| Year of Construction | 1990 |
| Units | 58 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1325 E Victor Rd, Victor NY — Stabilized Suburban Multifamily
Neighborhood occupancy is strong and competitive among Rochester submarkets, supporting income stability for a 58-unit asset, according to WDSuite’s CRE market data. The focus here is dependable renter demand in a suburban setting with measured growth indicators.
The property sits in a suburban neighborhood rated B+ and ranked 107 out of 359 within the Rochester metro — above the metro median. According to WDSuite’s CRE market data, the neighborhood’s occupancy ranks 69 out of 359, placing it in the top quartile among Rochester neighborhoods and in the 93rd percentile nationally, a constructive signal for lease retention and collections. Neighborhood NOI per unit trends are also competitive, landing in the top quartile nationally, which aligns with historically durable operations at comparable assets.
Amenity density is mixed. Cafes and restaurants are comparatively available (both above national midpoints by percentile), while daily-needs options like grocery, parks, and pharmacies are limited within the neighborhood footprint. Investors should underwrite resident reliance on nearby retail corridors for errands and services, which can shape leasing narratives and transportation needs.
Tenure patterns indicate a moderate renter concentration at the neighborhood level (about one-quarter of housing units are renter-occupied). This suggests a defined — though not dominant — multifamily renter base, which can support occupancy stability while also requiring competitive positioning on features and management to capture share from ownership alternatives.
Within a 3-mile radius, demographics show ongoing population and household growth with rising incomes, pointing to a larger tenant base over time. Median contract rents in the neighborhood sit near the national upper-middle range, while a rent-to-income ratio near the lower national quintiles indicates manageable renter affordability — constructive for retention but suggesting that outsized near-term pricing power may be limited. Home values are relatively accessible versus national norms, which can introduce some competition from ownership options; investors should calibrate finishes and amenities to sustain leasing velocity.
Comparable safety context is an important part of underwriting; however, specific crime ranks or rates for this neighborhood are not available in the provided WDSuite extract. Investors typically benchmark neighborhood safety against metro and national peers to gauge marketing needs, resident perception, and potential insurance considerations. Where possible, align onsite measures and resident communication with broader suburban positioning in the Rochester area.
The area draws from a diversified employment base that supports commuter convenience and renter demand, including nearby corporate offices in beverages, life sciences, and technology services listed below.
- Constellation Brands — beverages (6.0 miles) — HQ
- Thermo Fisher Scientific In Fairport Ny — life sciences (8.0 miles)
- Dish Network — telecommunications (14.8 miles)
- Constellation Brands, Inc. — beverages (17.1 miles)
- Xerox Corporation — technology & business services (17.4 miles)
Built in 1990, the asset is newer than much of the local housing stock, which skews mid‑century. That vintage provides a competitive edge versus older product while still leaving scope for targeted modernization and systems upgrades to support rent positioning. According to CRE market data from WDSuite, the neighborhood posts top‑quartile occupancy within the metro and strong national standing, reinforcing a thesis centered on cash flow consistency rather than speculative lease‑up.
Investor focus points include a growing 3‑mile renter pool, rising incomes, and neighborhood NOI per unit metrics that score in the national top quartile. Counterbalancing considerations are modest neighborhood amenity density for daily needs and relatively accessible ownership costs locally, which can compete with rentals. Execution that emphasizes convenience, professional management, and selective value‑add improvements can help sustain absorption and retention.
- Top‑quartile neighborhood occupancy supports income durability and lease retention
- 1990 vintage offers competitive positioning versus older stock with value‑add potential
- 3‑mile population and household growth expand the tenant base over time
- Neighborhood NOI per unit trends are strong relative to national peers
- Risk: limited daily‑needs amenities and accessible ownership options may require competitive pricing and amenity strategy