| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Good |
| Demographics | 75th | Best |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 40 Hollandale Ln, Clifton Park, NY, 12065, US |
| Region / Metro | Clifton Park |
| Year of Construction | 1987 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
40 Hollandale Ln Clifton Park Multifamily Opportunity
Neighborhood occupancy is above the metro median and paired with a low rent-to-income profile that supports retention, according to WDSuite s CRE market data for the surrounding area. These are neighborhood-level signals rather than property-specific measures, offering context for demand stability.
The property sits in a suburban neighborhood within the Albany ASchenectady ATroy metro that rates A- and ranks 50th among 295 metro neighborhoods, indicating competitive fundamentals for multifamily. Neighborhood occupancy is above the metro median, a constructive sign for lease-up and renewal performance at the submarket level rather than the asset itself.
Livability features are balanced: grocery and pharmacy access track above national midpoints, while restaurants, cafes, and parks are thinner locally. Average school ratings are strong (near the top decile in the metro among 295 neighborhoods), a factor that can bolster family renter retention and support longer tenancy.
Unit tenure patterns show a lower renter concentration at the immediate neighborhood level compared with metro norms, which can translate to steadier tenancy but a narrower near-term renter pool. Within a 3-mile radius, population and household counts have increased and are projected to expand further, supporting a larger tenant base and helping sustain occupancy over time.
Home values are elevated for the region while value-to-income ratios are relatively accessible versus many coastal markets. For investors, that mix can mean some competition from ownership options, but it also supports income stability and reduces extreme affordability pressures, aiding lease management and pricing discipline.
Comparable neighborhood-level safety metrics are limited for this location in WDSuite s dataset, so investors should rely on broader metro and submarket indicators and historical leasing experience when underwriting. When direct crime benchmarks are unavailable, many operators incorporate conservative assumptions, focus on on-site management practices, and compare trends against peer neighborhoods across the Albany ASchenectady ATroy metro.
Nearby corporate offices provide a diversified white-collar employment base that supports commuter-friendly renter demand, notably from technology and healthcare distribution employers listed below.
- IBM technology & services (14.0 miles)
- McKesson healthcare distribution (33.7 miles)
Built in 1987, the asset offers typical 1980s construction characteristics, suggesting scope for targeted modernization and common-area upgrades to enhance competitiveness versus newer stock. Neighborhood occupancy trends are above the metro median and rent-to-income levels are favorable, which together point to stable leasing and measured pricing power, based on CRE market data from WDSuite.
Within a 3-mile radius, recent population growth and an increase in households expand the tenant base, and forecasts indicate further household gains that can support occupancy stability. Strong school quality and a high-income profile underpin retention, while a relatively accessible ownership market and thinner amenity density nearby are underwriting considerations.
- 1987 vintage with value-add potential through unit and systems modernization.
- Neighborhood occupancy above metro median supports renewal stability and lease-up confidence.
- Expanding 3-mile renter pool from population and household growth supports long-run demand.
- Strong schools and high household incomes bolster retention and reduce turnover risk.
- Risks: lower immediate renter concentration and limited nearby amenities may temper near-term demand depth.