| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 41st | Good |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 51 Barstow Ave, Clovis, CA, 93612, US |
| Region / Metro | Clovis |
| Year of Construction | 2005 |
| Units | 75 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
51 Barstow Ave, Clovis CA Multifamily Investment
2005-built, 75-unit asset positioned in an inner-suburban pocket where neighborhood occupancy sits at the top of the Fresno metro, according to WDSuite’s CRE market data. Stability is supported by strong renter concentration and daily-need amenities within close reach.
The property sits in an Inner Suburb neighborhood in Clovis rated A and ranked 19th among 246 Fresno metro neighborhoods, placing it in the top quartile nationally for overall livability and local dynamics. According to WDSuite’s commercial real estate analysis, the area offers dense day-to-day conveniences with restaurant, grocery, and park access that are competitive versus metro peers.
At the neighborhood level, renter-occupied housing represents a majority share, indicating a deep tenant base that supports leasing stability for multifamily. The 2005 construction vintage is newer than the neighborhood’s typical housing stock, suggesting relative competitiveness versus older properties while still warranting routine capital planning for systems that approach mid-life.
Within a 3-mile radius, population and households have inched upward in recent years, and WDSuite’s data points to further population growth and a notable increase in households over the next five years. For investors, that implies a larger tenant pool and sustained demand for rental units, which can support occupancy and renewal performance.
Local amenity density is a strength. Dining and cafe concentrations rank near the top of the metro, and grocery access is robust, reinforcing renter appeal and day-to-day convenience. School ratings trend mixed—competitive among Fresno neighborhoods but below national averages—so family-driven demand may be more price- and location-sensitive than quality-driven. Home values sit in a higher-cost ownership context relative to local incomes, which tends to reinforce reliance on rental housing and can aid lease retention.
Neighborhood safety indicators compare favorably versus much of the Fresno metro and sit in stronger national percentiles, according to WDSuite. Property-related offenses are positioned in a safer tier nationally and have improved year over year, supporting perceptions of stability for residents and onsite operations.
Trends are not one-directional: violent offense measures show some recent uptick even as broader property-related categories improved. Overall, the area is competitive among Fresno neighborhoods on safety, but operators should continue standard risk management practices and monitor trends at the neighborhood level rather than block-by-block.
Employment access is oriented toward greater Fresno’s industrial and corporate base, supporting workforce housing demand and commute convenience for renters. Notable nearby employer includes:
- Con Agra Foods — food manufacturing (29.0 miles)
This 75-unit, 2005-built community aligns with a neighborhood that ranks near the top of the Fresno metro for occupancy and day-to-day amenities. According to CRE market data from WDSuite, renter concentration is elevated, national safety percentiles are favorable on property-related categories, and the 3-mile area shows population growth and a projected increase in households—positives for tenant demand, leasing velocity, and renewal potential.
Newer relative to the area’s average vintage, the asset can compete well against older stock while benefiting from thoughtful capital planning over the hold. Ownership remains comparatively high-cost for many households in this location, which tends to support multifamily demand and can bolster occupancy stability and pricing power, subject to standard affordability and management considerations.
- Inner-suburban location with top-tier neighborhood occupancy supporting stable leasing
- 2005 vintage offers competitive positioning versus older local stock with manageable modernization planning
- 3-mile radius shows population and household growth, expanding the renter pool
- High-cost ownership context reinforces reliance on rentals and can aid retention
- Risks: mixed school ratings, uneven safety trendlines, and limited proximity to major HQs may temper certain demand segments