| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Good |
| Demographics | 45th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 Scott Ave, Clovis, CA, 93612, US |
| Region / Metro | Clovis |
| Year of Construction | 1984 |
| Units | 94 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1200 Scott Ave, Clovis CA Multifamily Investment
Neighborhood renter-occupied share is high, and schools rate well, supporting steady leasing fundamentals, according to WDSuite’s CRE market data. Occupancy has eased slightly in recent years, so asset management focus on retention remains important.
Located in Clovis’ inner-suburban fabric within the Fresno metro, the property benefits from a strong renter-occupied housing base at the neighborhood level (nearly six in ten units renter-occupied). For multifamily investors, that depth of tenant demand supports leasing velocity and day-to-day occupancy management, even as the neighborhood 7s occupancy has softened modestly from prior levels.
Everyday needs are well served: grocery and dining density sit around the mid-70s national percentiles, pointing to convenient essentials and service employment nearby. Childcare access is a standout with neighborhood coverage near the top of metro rankings and in the upper national percentiles, which can aid retention for family households. By contrast, cafe, park, and pharmacy counts are limited locally, so some residents may rely on adjacent areas for those amenities.
School quality trends favor family-oriented demand: average ratings are in the top quartile nationally, an attribute that often supports longer tenures and renewal propensity. Median contract rents in the neighborhood track above national medians, while the rent-to-income ratio remains comparatively moderate, implying manageable affordability pressure and potential for consistent collections.
Within a 3-mile radius, demographics show population and household growth over the past five years, with further increases projected by 2028. Household sizes are expected to edge lower, which typically results in more households and a larger renter pool. Rising incomes across the 3-mile area also create room for quality-of-life upgrades, reinforcing demand for well-maintained, professionally managed apartments.
Safety indicators benchmark favorably at the national level, with recent measures placing the neighborhood in the upper percentiles nationwide for both lower violent and property offense rates. Year-over-year trends also point to meaningful declines in estimated offense rates, suggesting improving conditions relative to national benchmarks. As with any micro-location, investors should underwrite property-level security and management practices rather than relying solely on area averages.
Regional employment is diversified across food processing and related corporate services, which supports a broad workforce renter base. The following nearby employer offers commute-accessible jobs within the greater Fresno area:
- Con Agra Foods — food processing corporate offices (29.4 miles)
This 94-unit, garden-style asset sits in a renter-oriented Clovis neighborhood where average school ratings are strong and daily necessities are close at hand. Neighborhood occupancy is in the low 90s and has eased from prior levels, but a sizable renter base and improving national-caliber safety metrics support day-to-day stability. Within a 3-mile radius, population and households have grown and are projected to continue increasing, which should broaden the tenant base and help sustain occupancy.
Homeownership remains relatively high-cost in context of incomes locally, which tends to reinforce reliance on rental housing and supports pricing power for well-operated properties. Based on commercial real estate analysis informed by WDSuite 7s CRE market data, rent-to-income levels appear manageable for the area, suggesting a foundation for collections and renewal strategy rather than aggressive near-term rent pushes.
- Renter-heavy neighborhood with strong school ratings supports leasing depth and renewal propensity.
- 3-mile area shows population and household growth, expanding the tenant pool over the forecast period.
- Ownership costs comparatively elevated, reinforcing sustained demand for multifamily rentals.
- Operational upside centers on retention and asset quality amid modest neighborhood occupancy softening.
- Risk: amenity gaps (parks/cafes) and limited immediate employment anchors may require stronger on-site programming and marketing.