| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 36th | Good |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1076 Lind Ave, Clovis, CA, 93612, US |
| Region / Metro | Clovis |
| Year of Construction | 1984 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1076 Lind Ave, Clovis Multifamily Investment
Neighborhood occupancy is exceptionally tight with a high renter concentration, supporting stable leasing conditions according to WDSuite’s CRE market data. This positioning favors consistent demand and retention for well-managed assets in Clovis.
Located in Clovis’ inner-suburban fabric, the property benefits from neighborhood fundamentals that support renter demand and occupancy stability. The area’s renter-occupied share is elevated, indicating a deep tenant base that can underpin leasing resilience for multifamily assets. Neighborhood occupancy is reported at full levels; these are neighborhood metrics rather than property performance.
Amenity access is competitive among Fresno neighborhoods (ranked 65 out of 246), with strong national showings for cafes and restaurants, which can enhance livability and help support retention. Parks are also comparatively abundant nationally, adding to day-to-day convenience and lifestyle appeal for residents.
The asset’s 1984 construction is slightly newer than the neighborhood’s average vintage. That positioning can help competitive appeal versus older local stock, while investors should still plan for selective modernization of building systems and common areas over a hold period.
Within a 3-mile radius, demographics point to a growing renter pool over the next five years, with population and household counts projected to increase. Rising household incomes and contract rents in the surrounding area suggest steady pricing power for well-located, professionally managed assets, while a moderate rent-to-income backdrop warrants thoughtful lease management to support retention.
Ownership costs in the immediate neighborhood are relatively accessible compared with coastal California hubs, which can create some competition from for-sale options; however, the area’s strong renter concentration and convenience-driven amenities help sustain multifamily demand.
Safety indicators benchmark favorably in national comparisons, with the neighborhood landing in a higher percentile for lower violent and property offense rates. Recent year-over-year trends also show notable improvement, which can support leasing momentum and resident retention. These are neighborhood-level readings and may not reflect conditions at the property itself.
Investors should continue to monitor local trends and property-level controls, but the broader directional improvements and relatively strong national positioning provide supportive context when evaluating long-term operations and marketing.
Regional employment anchors help broaden the renter base, with proximity to food manufacturing and related corporate offices supporting workforce housing demand and commute convenience.
- Con Agra Foods — food manufacturing corporate offices (29.0 miles)
This 106-unit, 1984-vintage asset sits in a neighborhood with full occupancy and a high share of renter-occupied housing units, signaling deep tenant demand and potential for stable operations. According to CRE market data from WDSuite, the area shows strong amenity access relative to peers and positive national positioning on safety, which can support retention and consistent leasing.
Within a 3-mile radius, forecasts point to population growth and a meaningful increase in households over the next five years, implying a larger tenant base and support for rent levels. While ownership is comparatively accessible locally, the neighborhood’s renter concentration and convenience-oriented amenities help sustain multifamily demand. Given its slightly newer-than-average vintage for the area, the property can compete well against older stock, though targeted modernization may be warranted to maintain positioning.
- Neighborhood occupancy and renter concentration support stable demand
- Competitive amenity access and favorable safety positioning aid retention
- 3-mile forecasts indicate population and household growth expanding the renter pool
- 1984 vintage offers relative competitiveness with scope for targeted modernization
- Risk: accessible ownership options require disciplined pricing and lease management