| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 83rd | Best |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 225 Highbridge St, Fayetteville, NY, 13066, US |
| Region / Metro | Fayetteville |
| Year of Construction | 1980 |
| Units | 20 |
| Transaction Date | 1994-05-31 |
| Transaction Price | $380,000 |
| Buyer | SCHAYES ADOLPH SCHAYES |
| Seller | HERRMANN WALTER |
225 Highbridge St Fayetteville 20-Unit Multifamily
Neighborhood occupancy in the mid-90s indicates steady renter demand relative to the Syracuse metro, according to WDSuite’s CRE market data. Investors can underwrite durable cash flow with measured upside from modernization rather than lease-up risk.
Positioned in a suburban pocket of Fayetteville within the Syracuse, NY metro, the neighborhood scores an A+ and ranks 8 of 247 neighborhoods — competitive among Syracuse neighborhoods — supported by a renter market that maintains a 94%+ neighborhood occupancy level. These occupancy metrics reflect the neighborhood, not the property, and point to stable leasing conditions for professionally managed assets.
Livability fundamentals are a draw for workforce and family renters. Average school ratings sit in the top quartile nationally (93rd percentile), and childcare and park access rank near the top of the metro (both inside the top 10%–15% of 247 neighborhoods). Retail density is thinner on cafes and groceries within the immediate area, so day-to-day needs often concentrate along larger corridors, but pharmacy access tests above metro median levels.
Demographics aggregated within a 3-mile radius show population and household growth over the past five years, with additional gains projected, which enlarges the potential tenant base and supports occupancy stability. Median household incomes in this radius have risen meaningfully, reinforcing payment capacity and reducing turnover risk for well-maintained units.
The property’s 1980 vintage is newer than the neighborhood’s older housing stock, which generally skews mid-20th century. That positioning can be competitive versus legacy assets while still benefiting from targeted renovations (systems, interiors, common areas) to unlock value-add potential and differentiate from older comparables.
On affordability, neighborhood rent-to-income ratios trend around the national mid-range, which suggests manageable affordability pressure and supports retention. Neighborhood NOI per unit ranks among Syracuse leaders (3 of 247), according to WDSuite’s CRE market data, indicating operating performance has historically compared favorably within the metro.
Safety indicators for the neighborhood track close to the metro middle (overall crime rank 104 of 247 within Syracuse). Nationally, conditions sit near the midpack, with violent incidents testing slightly better than average and property incidents weaker than national norms.
Recent trends are improving: both violent and property offense rates have eased year over year in the neighborhood, according to WDSuite’s CRE market data. For underwriting, this supports a conservative approach to security line items while acknowledging encouraging directionality.
Nearby employers provide a diversified white-collar base that supports renter demand through commute convenience, including packaging, payroll services, and communications.
- WestRock — packaging (10.0 miles)
- ADP Syracuse — payroll & HR services (10.35 miles)
- Frontier Communications — telecommunications (35.42 miles)
This 20-unit, 1980-vintage asset aligns with a neighborhood that posts mid-90s occupancy and competitive operating performance versus the Syracuse metro. According to CRE market data from WDSuite, neighborhood NOI per unit ranks near the top locally and school quality sits in the top quartile nationally, supporting family-oriented renter demand and lease stability. Demographic growth within a 3-mile radius expands the tenant base, while rent-to-income levels near the national middle suggest balanced pricing power and manageable retention risk.
Capital plans focused on interior updates and system modernization can position the property ahead of older nearby stock without relying on aggressive rent assumptions. Limited immediate retail density is a modest risk, but proximity to established employment nodes and improving safety trends support durable, needs-based demand.
- Neighborhood occupancy in the mid-90s supports stable leasing at the submarket level
- 1980 vintage offers value-add potential to outperform older area stock
- Top-quartile schools and growing 3-mile household base underpin family renter demand
- Operating metrics rank among Syracuse leaders, per WDSuite’s CRE market data
- Risk: thinner immediate retail mix may require stronger amenity strategy and parking management