
518 Meeker Avenue
511 Meeker Avenue, Brooklyn, NY, 11222, US
10 units
JLL, as exclusive advisor, is pleased to present the Rochester SFR Portfolio (the “Portfolio”), a 219-home/295-unit single family rental portfolio located exclusively in Monroe County, New York, part of the Rochester metropolitan area—the third most populous city in New York State. Featuring an average configuration of 2.6 bedrooms and 1.1 bathrooms, and an average home size of 1,181 SF, the Rochester SFR Portfolio offers well-maintained properties with classic character and charm. The portfolio is currently 92% occupied with 29% of homes utilizing Section 8 vouchers, presenting investors with a strong opportunity to acquire a substantially stabilized, cash-flowing portfolio with reliable income streams.
1.Immediate Scale and Quality - 219-home/295- unit portfolio featuring well-maintained properties averaging 1,181 SF
2. Strong Occupancy and Cash Flow - 92% occupancy including 29% Section 8 tenant base, with stabilized cash flow and immediate income generation
3. Strategic Monroe County Position - Exclusively located in Rochester's economic hub with 525,500 diverse employment base including Fortune 500 & 1000 companies, along with major institutional employers
4. Resilient Employment Fundamentals - Anchored by stable sectors including education and health services (132,500 workers), government (78,900), and professional services (62,600) supporting sustained rental demand
5. Optimal Home Sizes - Well-designed homes averaging 2.6 bedrooms and 1.1 bathrooms appealing to broad tenant demographic in affordable workforce housing market