| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 25th | Poor |
| Amenities | 86th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 210 Ford Ave, Gridley, CA, 95948, US |
| Region / Metro | Gridley |
| Year of Construction | 1989 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
210 Ford Ave, Gridley CA Multifamily Investment
Neighborhood occupancy trends sit in the mid-90s with a high renter-occupied share, supporting stable leasing fundamentals, according to WDSuite’s CRE market data.
This Inner Suburb neighborhood of the Chico, CA metro is rated A- and ranks 13th of 74 locally, placing it in the top quartile among metro neighborhoods. Investors benefit from solid location fundamentals: grocery, pharmacy, parks, and cafes are comparatively dense for a small-city setting, with amenity access landing in higher national percentiles. Average school ratings trend below national midpoints, which can affect family-driven leasing strategies, but day-to-day convenience is a relative strength.
Occupancy in the neighborhood runs near 95% and has improved over the past five years, a favorable backdrop for rent roll stability. Renter-occupied housing makes up a majority of units, indicating depth in the tenant base for multifamily. Median asking rents are below national midpoints, which can aid leasing velocity and reduce downtime, while the rent-to-income profile suggests manageable affordability that can support retention.
Demographic statistics are aggregated within a 3-mile radius. Recent years show modest population growth and steady family counts; forward-looking data points to smaller household sizes and an increased share of renter households. Even with a projected population dip, a higher renter share and more, smaller households can sustain demand for rental units and support occupancy stability.
Home values are elevated relative to local incomes compared with many U.S. neighborhoods, a context that tends to reinforce reliance on rental housing. For multifamily owners, that dynamic can underpin consistent demand and pricing power at attainable rent levels, especially when paired with the area’s above-median amenity access.
Safety indicators are mixed but generally competitive in a regional context. Violent-offense exposure sits in a high national percentile (safer than most neighborhoods nationwide), while overall property-crime exposure tracks closer to national midpoints. Within the Chico, CA metro’s 74 neighborhoods, conditions vary by subarea; investors should monitor recent property-crime trends, which have shown short-term volatility, alongside on-site security measures and resident screening to support retention.
Gridley residents commonly commute to larger employment nodes across the Chico, CA region and nearby corridors, supporting workforce housing demand; proximity and drive-time access typically aid leasing stability for value-oriented multifamily.
Built in 1989, this 32-unit asset is newer than much of the surrounding housing stock, providing a competitive position versus older properties while leaving room for targeted modernization to enhance rents and retention. Neighborhood occupancy is strong and trending upward, and a majority renter-occupied housing mix indicates a durable tenant base. According to CRE market data from WDSuite, local amenity access is a relative strength, and ownership costs remain elevated enough to support sustained rental demand.
Forward-looking demographics within a 3-mile radius indicate smaller household sizes and a rising renter share, which can expand the renter pool even if overall population softens. Key watch items include subpar average school ratings for family renters and monitoring property-crime trends; both can be managed with the right operational approach and unit positioning.
- Newer 1989 vintage versus older neighborhood stock supports competitive positioning with selective renovation upside
- Strong neighborhood occupancy and majority renter-occupied units support leasing stability
- Amenity access and elevated ownership costs reinforce multifamily demand at attainable rent levels
- Demographic outlook shows smaller households and higher renter share, sustaining the tenant base
- Risks: below-average school ratings and recent property-crime volatility warrant prudent operations and resident retention focus