| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Best |
| Demographics | 64th | Best |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3 Debra Dr, Potsdam, NY, 13676, US |
| Region / Metro | Potsdam |
| Year of Construction | 1980 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3 Debra Dr, Potsdam NY Multifamily Investment
Renter-occupied housing makes up a meaningful share of nearby units, supporting a stable tenant base according to WDSuite’s CRE market data. Neighborhood occupancy trends are steady, with relatively accessible rents that can aid retention and reduce lease-up risk.
Potsdam’s suburban neighborhood context shows balanced livability with everyday conveniences like groceries, pharmacies, and dining within reach. Amenities test slightly above national midpack, while average school ratings land in the top quartile nationally — a signal that local education quality can bolster longer-term renter appeal and tenant retention, based on CRE market data from WDSuite.
Within the Ogdensburg–Massena metro, this neighborhood is competitive among 76 metro neighborhoods, with an A+ neighborhood rating and a strong overall standing. The share of housing units that are renter-occupied sits in the upper tier locally, indicating depth in the tenant pool and supporting demand for smaller multifamily assets. Median household sizes are on the smaller side, which often aligns with sustained demand for studios and 1-bedrooms.
The property’s 1980 vintage is newer than the neighborhood’s older housing stock (average construction year skews pre-war). That positioning can be competitive against aging supply, while still calling for targeted capital planning around building systems and common-area updates. In a lower-cost ownership market relative to national benchmarks, ownership alternatives may compete at the margin, so underwriting should emphasize unit finishes, convenience, and service to preserve pricing power.
Demographic statistics aggregated within a 3-mile radius indicate households have been increasing even as population has eased, pointing to smaller household sizes and a broader renter pool. Looking ahead, forecasts show further household expansion, which can support occupancy stability for well-managed assets at this location.
Neighborhood-level crime metrics are not available in WDSuite for this location at this time. Investors should contextualize safety using multiple sources — municipal reports, recent comps, and property-level history — and compare trends against broader Saint Lawrence County and the Ogdensburg–Massena metro to gauge relative conditions.
This 30-unit asset at 3 Debra Dr benefits from a renter-oriented neighborhood profile and competitive positioning versus older local stock. According to CRE market data from WDSuite, renter concentration in the area supports demand depth, while accessible rents can aid retention and leasing stability. The 1980 construction is newer than much of the surrounding inventory, suggesting potential to outperform with focused CapEx and operational execution.
Key considerations include a lower-cost ownership landscape that can introduce competition for some renters and modest regional growth. Underwriting that emphasizes value-add scope, service quality, and unit livability should help sustain occupancy and capture measured rent gains over time.
- Renter-heavy area supports a steady tenant base and leasing durability.
- 1980 vintage is newer than local averages, offering competitive positioning with targeted renovations.
- Accessible neighborhood rents can support retention and occupancy stability.
- Risk: Lower-cost ownership options may compete; focus on finishes, convenience, and service to preserve pricing power.
- Forward outlook: Household growth in the 3-mile area indicates a gradually expanding renter pool.