| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 63rd | Good |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 452 Posada Way, Chico, CA, 95973, US |
| Region / Metro | Chico |
| Year of Construction | 1980 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
452 Posada Way, Chico CA Multifamily Investment
Neighborhood occupancy in the mid-90s suggests steady income potential, and a majority renter base supports demand depth, according to WDSuite's CRE market data.
Located in an Inner Suburb pocket of Chico rated A-, the area ranks 15 out of 74 metro neighborhoods, making it competitive among Chico neighborhoods. Neighborhood occupancy is 94.4% (25 of 74), above the metro median and in the upper third nationally, a positive indicator for stabilization and leasing durability.
Renter-occupied housing accounts for 53.6% of units in the immediate neighborhood (15 of 74), signaling a sizable tenant base and supportive fundamentals for multifamily demand. Within a 3-mile radius, households have expanded over the last five years with further growth projected, and smaller average household size points to more households forming—factors that typically bolster absorption and help support occupancy stability.
Ownership is relatively high-cost here compared with much of the country (home values sit in a higher national percentile), which can sustain reliance on rental housing and help underpin pricing power. At the same time, a rent-to-income profile around 20% indicates manageable affordability pressure from an investor perspective, suggesting retention can be supported with disciplined lease management.
Livability features are mixed: parks access ranks 9 of 74 (strong within the metro) and grocery and restaurant access sit near the metro’s upper half (around 22 of 74), while cafes and pharmacies are limited in the immediate area. Average school ratings are modest but above national midpoints, which can assist broader renter appeal. The property's 1980 construction is slightly newer than the neighborhood average vintage, which can be competitively positioned versus older stock, though investors should still plan for modernization of building systems over a hold.
Safety indicators are mixed relative to the region and nation. The neighborhood's crime ranking sits in the lower half of the Chico metro (47 out of 74), and national comparisons place local rates below the safer end of the spectrum. However, recent trends show year-over-year declines in both property and violent offenses, which is a constructive signal to monitor over time rather than a guarantee of continued improvement.
452 Posada Way offers exposure to a renter-heavy submarket with occupancy above the metro median and a high-cost ownership backdrop that supports sustained rental demand. Based on commercial real estate analysis from WDSuite, the surrounding 3-mile area shows expanding household counts and a gradually diversifying income mix, which can translate into a broader tenant base and support for lease-up and renewals.
Built in 1980, the asset is slightly newer than the neighborhood's average vintage, offering a competitive position versus older comparables while still benefiting from targeted modernization to enhance rents and retention. With neighborhood occupancy in the mid-90s and renter concentration above half of units, the fundamentals point to steady demand, balanced by prudent attention to affordability, amenity gaps nearby, and ongoing safety monitoring.
- Occupancy above metro median supports income stability and lower downtime risk.
- Renter-occupied share above 50% indicates depth of tenant demand for multifamily.
- High-cost ownership market reinforces reliance on rentals and pricing power potential.
- 3-mile household growth and smaller household sizes expand the renter pool over time.
- Risks: limited nearby cafes/pharmacies and below-metro-average safety metrics warrant ongoing management focus.