| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 61st | Good |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1530 Rusher Dr, Alden, NY, 14004, US |
| Region / Metro | Alden |
| Year of Construction | 2009 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1530 Rusher Dr, Alden, NY Multifamily Investment
Neighborhood fundamentals indicate steady renter demand and high occupancy stability, according to WDSuite’s CRE market data. Positioned in Alden within the Buffalo-Cheektowaga metro, the asset benefits from a generally stable, needs-based renter base rather than transient demand.
The property sits in a Rural neighborhood of the Buffalo-Cheektowaga, NY metro rated B+ by WDSuite. Neighborhood occupancy is strong and competitive among Buffalo-Cheektowaga neighborhoods (top half of 301 tracked areas), supporting income stability for multifamily operators. Median school ratings trend above the national midpoint, offering additional appeal to households seeking longer tenure.
Daily-needs access is a relative strength versus many rural locations: grocery and pharmacy availability ranks in the upper national percentiles, and park access is also above national norms. By contrast, lifestyle density is thinner (few cafes and childcare options), which is typical for low-density submarkets and suggests demand is driven more by essentials and commute patterns than entertainment.
Tenure data indicates a moderate renter-occupied share in the neighborhood (about one-third of housing units), which points to a defined—if not dominant—tenant base. For investors, this mix can support steady leasing while tempering volatility, with pricing power tied to maintaining property quality and service levels.
Within a 3-mile radius, demographics signal a larger tenant base over time: recent population growth is modest, and WDSuite forecasts indicate further increases alongside a notable rise in household counts and smaller average household sizes. That combination typically expands the renter pool and supports occupancy resilience, with relatively low rent-to-income ratios (high national percentile) reinforcing retention.
The asset’s 2009 vintage is newer than the neighborhood average year built, which is mid-20th century. This positioning can enhance competitiveness against older inventory and may reduce near-term capital exposure, while still allowing targeted value-add through common-area refreshes or systems modernization as the property ages.
Comparable, property-level crime metrics are not available in WDSuite for this neighborhood. Investors should contextualize safety using multiple sources and trend views (e.g., municipal reports and community indicators) and evaluate how perceptions align with leasing performance and retention across the Buffalo-Cheektowaga metro.
Nearby employers provide a diversified employment base that supports workforce housing demand and commute convenience, including McKesson, M&T Bank Corp., UnitedHealth Group, FedEx Trade Networks, and Thermo Fisher Scientific.
- McKesson — healthcare distribution (12.8 miles)
- M&T Bank Corp. — banking (19.6 miles) — HQ
- UnitedHealth Group — health insurance (20.1 miles)
- FedEx Trade Networks — logistics (21.1 miles)
- Thermo Fisher Scientifc — life sciences (25.9 miles)
1530 Rusher Dr offers investors exposure to a needs-driven renter base in a Rural B+ neighborhood where occupancy trends are competitive within the Buffalo-Cheektowaga metro. Based on CRE market data from WDSuite, neighborhood rent-to-income dynamics sit favorably versus national norms, which can bolster retention and reduce turnover friction when paired with disciplined operations.
Built in 2009, the property is newer than much of the surrounding housing stock, providing relative competitiveness versus older inventory and the potential to capture premiums with selective upgrades over time. Moderate renter concentration locally suggests consistent, steady leasing rather than transient demand, while 3-mile demographic projections of increasing population and households point to a gradually expanding tenant base.
- Competitive neighborhood occupancy and favorable rent-to-income positioning support cash flow stability.
- 2009 vintage offers relative competitive advantage versus older local stock and targeted value-add potential.
- 3-mile demographics indicate growth in households and a larger renter pool over time.
- Employment access to healthcare, banking, logistics, and life sciences underpins workforce demand.
- Risks: thinner lifestyle amenities typical of rural areas and a moderately sized renter base may limit rapid lease-up without quality and service differentiation.