| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 22nd | Poor |
| Demographics | 26th | Poor |
| Amenities | 5th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11430 Maple Ridge Rd, Medina, NY, 14103, US |
| Region / Metro | Medina |
| Year of Construction | 1980 |
| Units | 102 |
| Transaction Date | 2013-12-30 |
| Transaction Price | $6,100,000 |
| Buyer | MAPLE RIDGE ESTATES SENIOR HOUSING LP |
| Seller | RH ASSOCIATES |
11430 Maple Ridge Rd Medina NY Multifamily Investment
1980 vintage with scale positions this Medina asset for durable operations in a rural submarket where neighborhood occupancy has trended upward over the past five years, according to WDSuite’s CRE market data. Focus is on steady renter demand and pragmatic capital planning rather than aggressive rent growth assumptions.
The property sits in a rural pocket of the Rochester, NY metro with limited nearby amenities (amenity profile ranks low and is in the lower national percentiles). Neighborhood occupancy is reported near the high-80s to around 90% and has edged higher over the past five years, a constructive signal for income stability at the neighborhood level, based on CRE market data from WDSuite.
Construction across the neighborhood skews older (average vintage early 1930s), making this 1980 asset relatively newer than much of the surrounding stock. That positioning can support competitiveness versus older properties, while investors should still plan for systems modernization typical for assets of this age.
Within a 3-mile radius, approximately 40% of housing units are renter-occupied, indicating a meaningful renter base that can support leasing and retention. Population has been relatively flat to slightly contracting, but forecasts point to smaller household sizes and more households over time, which can sustain a broader tenant pool even as overall population softens.
Home values in the immediate neighborhood are on the lower side for the region, which can introduce some competition from ownership options. For multifamily investors, this typically translates to emphasizing value, convenience, and management quality to sustain pricing power and lease retention rather than relying on outsized rent appreciation.
Detailed neighborhood-level crime benchmarks are not available in WDSuite for this location. Investors commonly evaluate safety by comparing multi-year trends across the metro, county, and jurisdictional reports, paired with onsite observation and resident feedback. Framing risk comparatively at the submarket level can help set underwriting assumptions without relying on block-level precision.
Regional employment is anchored by healthcare, logistics, life sciences, and financial services within commuting range, supporting workforce renter demand and lease retention for properties serving a broad tenant base.
- UnitedHealth Group — healthcare/payor (28.2 miles)
- McKesson — healthcare distribution (30.4 miles)
- FedEx Trade Networks — logistics (30.8 miles)
- Thermo Fisher Scientifc — life sciences (32.5 miles)
- M&T Bank Corp. — banking (33.2 miles) — HQ
At 102 units and built in 1980, the property offers scale and a relatively newer vintage compared with the neighborhood’s predominantly pre‑war housing. This positioning can support leasing competitiveness, while standard capital planning for aging systems remains prudent. Neighborhood occupancy has improved over the last five years and sits around 90%, suggesting stable income dynamics at the neighborhood level, based on CRE market data from WDSuite.
Investor focus centers on steady workforce demand in a rural setting, a renter base that accounts for roughly two-fifths of nearby housing within a 3‑mile radius, and household trends that point to a larger tenant base even as population growth is subdued. Key considerations include limited local amenities and a comparatively low-cost ownership market, which places a premium on operational execution, resident experience, and asset upkeep to sustain retention.
- 1980 vintage is newer than much of the area’s stock, providing a competitive edge with targeted modernization.
- Neighborhood occupancy has trended higher and sits near 90%, supporting income stability at the neighborhood level.
- Within 3 miles, a substantial share of units are renter-occupied, reinforcing depth of tenant demand.
- Household dynamics indicate more, smaller households, which can expand the renter pool even with modest population change.
- Risks: limited amenity density and a lower-cost ownership market require disciplined operations and resident retention strategies.