| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Good |
| Demographics | 35th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1935 E Sussex Way, Fresno, CA, 93726, US |
| Region / Metro | Fresno |
| Year of Construction | 1972 |
| Units | 56 |
| Transaction Date | 2005-12-29 |
| Transaction Price | $12,825,000 |
| Buyer | BLACKSTONE ACRES LLC |
| Seller | BUCKINGHAM ASSOCIATES |
1935 E Sussex Way, Fresno Multifamily Investment
Neighborhood-level occupancy and renter demand around the property have shown resilient stability, according to WDSuite’s CRE market data. These are neighborhood indicators rather than property performance, and they suggest durable leasing fundamentals for investors evaluating Fresno.
This inner-suburb location in Fresno scores well for day-to-day convenience: restaurants, groceries, cafes, childcare, and pharmacies cluster nearby, with amenity access ranking 17th out of 246 Fresno metro neighborhoods — competitive and comfortably above the metro median. School quality trends near the national midpoint (above the national median), offering balanced appeal to a broad renter base.
Neighborhood occupancy is strong and above the metro median (ranked 86 out of 246), signaling steady leasing conditions at the neighborhood level rather than the property specifically. Renter concentration is also elevated (neighborhood share of housing units that are renter-occupied ranks 72 of 246, top quartile nationally by percentile), indicating a deep tenant pool that can support absorption and retention across cycles.
Within a 3-mile radius, demographics show a growing renter base: population and households have expanded in recent years, with forecasts indicating further household growth ahead. This pattern supports a larger tenant base and ongoing demand for rental units, which can underpin occupancy stability and measured rent growth management.
Ownership costs in the neighborhood sit on the higher side relative to local incomes by national comparison, while rent-to-income ratios track relatively low in national percentile terms. For investors, this combination can sustain reliance on multifamily rentals (supporting depth of demand) while keeping affordability pressure more manageable for lease retention. As always, these are neighborhood-level metrics, not property outcomes.
Safety indicators for the neighborhood are mixed relative to broader benchmarks. Compared with neighborhoods nationwide, overall safety stands near the middle, and within the Fresno metro the crime rank falls in the mid-range (134 out of 246), indicating conditions that are neither among the best nor the worst locally.
Recent trends are constructive: both violent and property offense rates have improved year over year, according to WDSuite’s CRE data, which can support perception and leasing stability if sustained. These readings reflect neighborhood-level patterns rather than property-specific conditions and should be reviewed alongside owner operations and on-the-ground diligence.
Regional employment access is diversified, with commutable jobs in food processing and related corporate services that can support workforce housing demand and lease retention.
- Con Agra Foods — corporate offices (24.7 miles)
The submarket around 1935 E Sussex Way exhibits investor-friendly fundamentals: neighborhood occupancy trends are above the metro median and renter concentration is high by national percentile, supporting a deep tenant base and consistent leasing. Amenities are competitive among Fresno neighborhoods, and within a 3-mile radius the increase in households and projected household growth point to ongoing renter pool expansion and support for occupancy stability. Home values relative to incomes skew high by national comparison while rent-to-income ratios track lower, a mix that reinforces reliance on multifamily housing and can aid retention.
According to CRE market data from WDSuite, these neighborhood-level dynamics compare favorably against broader metro readings while highlighting a few watch items: safety metrics sit around the metro middle and national mid-to-lower tiers, and park access is limited locally. Taken together, the area presents steady demand drivers with manageable risks suited to income-focused, operations-driven strategies.
- Above-metro neighborhood occupancy supports leasing stability
- High renter-occupied share indicates a deep tenant base
- 3-mile household growth and forecasts support ongoing demand
- Amenity-rich inner-suburb location aids retention and absorption
- Risks: safety metrics near metro middle and limited park access