| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 31st | Fair |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10009 Rushing Rd, El Paso, TX, 79924, US |
| Region / Metro | El Paso |
| Year of Construction | 1973 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10009 Rushing Rd, El Paso — 52-Unit Value-Add Opportunity
Neighborhood multifamily fundamentals support steady leasing, with occupancy around 92% according to WDSuite’s CRE market data. A 1973 vintage positions this asset for targeted renovations to bolster competitiveness versus newer nearby stock.
Situated in El Paso’s inner suburb cluster, the neighborhood rates a B and is competitive among El Paso neighborhoods (rank 80 of 189). Amenity access trends toward daily-needs convenience—grocery and pharmacy availability rank 52 and 32 out of 189 locally, respectively—while restaurants index well nationally. By contrast, parks and cafes are sparse, suggesting lifestyle amenities may be less of a leasing driver than value and commute convenience based on WDSuite’s multifamily property research.
Neighborhood occupancy is 91.6% (for the neighborhood, not the property), consistent with stable tenant demand. Renter-occupied share is roughly 38%, placing the area competitive among El Paso neighborhoods (rank 64 of 189), which points to a meaningful—though not dominant—base of apartment renters that can support absorption and retention for well-positioned units.
Within a 3-mile radius, demographics indicate modest population growth and a faster increase in households, which can expand the renter pool and support occupancy durability. Household sizes are trending smaller, reinforcing demand for efficiently sized, well-renovated units over time. Income trends are rising from a relatively accessible base, which can sustain leasing while still requiring careful rent-to-income management.
Ownership costs in the immediate area are comparatively accessible versus many U.S. markets, which can create some competition from entry-level ownership. However, this also supports renter retention for properties that deliver updated finishes, reliable operations, and value-oriented pricing. Average school ratings trail metro and national benchmarks, which may weigh more on family-driven demand but is less determinative for workforce renters focused on affordability and access to services.
Comparable safety metrics for this neighborhood are not available in the current WDSuite dataset. Investors typically benchmark conditions against metro and peer submarkets and evaluate multi-year trends rather than block-level snapshots to avoid over- or under-weighting one-time events.
Practical underwriting steps include reviewing recent police blotter summaries, property-level incident reports, and insurer feedback, then aligning security enhancements (lighting, access control, camera coverage) with expected rent positioning and tenant profile.
Nearby corporate offices provide a diversified white-collar employment base that can reinforce renter demand and lease retention, notably in financial services, mining, and energy. The following employers reflect commutable access for residents of the subject area.
- Charles Schwab — financial services (9.1 miles)
- Freeport McMoRan - El Paso — mining & resources offices (9.7 miles)
- Western Refining — energy & refining (10.5 miles) — HQ
The 1973, 52-unit asset offers clear value-add potential in a neighborhood showing stable renter demand and occupancy near 92% (neighborhood metric), according to CRE market data from WDSuite. Grocery and pharmacy proximity supports day-to-day livability, while a growing 3-mile household base and smaller household sizes point to a deeper tenant pool for well-finished, efficiently sized units.
Relative accessibility of ownership in this part of El Paso implies some competition with entry-level buying; however, rent-to-income levels suggest room for disciplined pricing where upgrades improve livability and reliability. Execution focus should include renovating 1970s systems/interiors, tightening operations, and positioning against newer stock with thoughtful capex. School ratings and limited park/cafe amenities are underwriting considerations but can be offset by pragmatic upgrades and value-forward rent positioning.
- 1973 vintage supports targeted renovations and operating improvements for value creation
- Neighborhood occupancy near 92% indicates demand stability at the submarket level
- 3-mile household growth and smaller household sizes expand the renter pool
- Daily-needs access (groceries/pharmacies) aids retention and leasing consistency
- Risks: older building capex, below-average school ratings, and competition from entry-level ownership