| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 80th | Best |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2 Campsite Way, Warwick, NY, 10990, US |
| Region / Metro | Warwick |
| Year of Construction | 1989 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2 Campsite Way, Warwick NY Multifamily Investment
Renter demand is supported by a high-cost ownership market and a renter-occupied share near one-third of neighborhood units, according to CRE market data from WDSuite. This points to a durable tenant base and stable leasing conditions relative to similar suburban submarkets.
Situated in Warwick within the Poughkeepsie–Newburgh–Middletown metro, the neighborhood scores an A+ and ranks 3rd out of 221 metro neighborhoods, indicating performance well above the metro median. Schools rate strongly (top quartile nationally) and parks access also tests in a high national percentile, helping sustain family-friendly appeal that can support retention.
Construction trends are slightly newer than local norms (property built 1989 vs. neighborhood average 1986), which helps competitiveness against older stock, though systems modernization may still be prudent for long-term positioning. The renter-occupied share is substantial (about one-third of neighborhood housing units), suggesting a meaningful tenant pool that can support occupancy and leasing velocity for multifamily assets.
Within a 3-mile radius, household counts have edged higher even as population softened modestly, pointing to smaller household sizes and a steady inflow of households into the renter pool over time. Forecasts within this 3-mile radius show additional household growth through 2028 alongside an increase in the renter share, supporting depth of demand and potential occupancy stability. Median home values in the neighborhood are elevated relative to many U.S. areas, which reinforces reliance on rental options and can aid pricing power when paired with prudent lease management. Rent-to-income levels in the neighborhood data remain manageable, a positive indicator for renewal traction.
Amenities are serviceable for a suburban location: grocery and pharmacy access rank above national midpoints, while cafes and restaurants are thinner than dense urban cores. For investors, this blend points to livability suited to households and commuters rather than lifestyle-driven, high-turnover renter segments.
Comparable crime metrics for this specific neighborhood were not available in the dataset. Investors should review municipal reports and recent trend data for Warwick and Orange County to contextualize safety alongside regional patterns and leasing strategy.
Nearby corporate offices provide a diversified employment base within commuting distance, supporting renter demand and lease retention for workforce and professional households. The list below highlights notable employers within roughly 30 miles that can influence commuting patterns and apartment demand.
- Ascena Retail Group — corporate offices (15.5 miles) — HQ
- Becton Dickinson — corporate offices (18.0 miles) — HQ
- Toys "R" Us — corporate offices (19.5 miles) — HQ
- Airgas Lincoln Park — corporate offices (23.3 miles)
- Prudential Financial — corporate offices (23.8 miles)
The property’s 1989 vintage is slightly newer than the neighborhood average, offering competitive positioning versus older stock while leaving room for targeted upgrades to enhance renter appeal and reduce future capital friction. Neighborhood fundamentals are favorable: an A+ area ranking (3rd of 221 metro neighborhoods), strong school ratings, and elevated home values that sustain reliance on rental housing. Based on CRE market data from WDSuite, the area shows a meaningful renter-occupied share and manageable rent-to-income levels, supporting occupancy stability and renewal potential.
Within a 3-mile radius, recent population softness coincides with growth in household counts and an expected uptick in renter share through 2028—signals that point to a broadening tenant base even as household sizes trend smaller. Amenities are balanced for suburban living, and proximity to multiple corporate offices expands the commuter draw, reinforcing demand continuity over the hold period.
- Slightly newer 1989 vintage with potential to add value through selective modernization
- A+ neighborhood with top-tier metro rank and strong schools that support retention
- Elevated home values reinforce renter reliance, aiding pricing power with disciplined lease management
- 3-mile household growth and rising renter share indicate a deepening tenant base through 2028
- Risks: modest population softening, suburban amenity density, and aging building systems that may require capex