| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 36th | Good |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 91 W 9th St, Clovis, CA, 93612, US |
| Region / Metro | Clovis |
| Year of Construction | 1977 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
91 W 9th St, Clovis CA Multifamily Investment
Tight neighborhood occupancy and solid renter demand position this 64-unit asset for stable operations, according to WDSuite’s CRE market data.
Located in Clovis’ inner-suburban fabric, the property benefits from a neighborhood rating of B+ and tight occupancy conditions that have strengthened over the past five years. Neighborhood occupancy is among the strongest nationally, supporting leasing stability and reducing downtime risk for operators, based on CRE market data from WDSuite.
Day-to-day livability is underpinned by a strong concentration of restaurants and cafes within the neighborhood, with these amenity densities competitive among Fresno neighborhoods and top quartile nationally. Parks access also scores well. By contrast, grocery and pharmacy options are limited within the immediate neighborhood footprint, so residents likely rely on nearby commercial corridors for essentials — a consideration for marketing and resident services.
Rents in the neighborhood sit above national midpoints and have posted meaningful five-year gains, indicating durable demand. Within a 3-mile radius, the share of housing units that are renter-occupied sits in the mid-40s, providing a sizable tenant base. Combined with very low reported vacancy at the neighborhood level, these dynamics support occupancy stability, though operators should monitor renewal pricing to balance retention and growth.
Home values in the neighborhood are lower relative to many U.S. areas, which can introduce some competition from ownership alternatives. For multifamily owners, this context argues for value-forward positioning and amenity differentiation to sustain pricing power. Demographic statistics aggregated within a 3-mile radius show modest recent population and household increases, with projections indicating continued growth and a gradually expanding renter pool — supportive for absorption over the medium term.
Safety metrics for the neighborhood compare favorably in a national context, with overall conditions landing in the top decile nationwide according to WDSuite. Recent trend data also indicate notable year-over-year decreases in both property and violent offense estimates, reinforcing the area’s relative stability for residents and on-site operations.
At the regional level, safety performance is competitive among Fresno neighborhoods, and ongoing declines in estimated offense rates suggest improving momentum. Owners should continue standard best practices for lighting, access control, and community engagement, but current readings support attractive risk-adjusted operations when viewed against national benchmarks.
Within commuting range, regional employers in food processing help support renter demand and retention for workforce households.
- Con Agra Foods — food processing (29.1 miles)
This 64-unit Clovis asset is supported by exceptionally tight neighborhood occupancy and a sizable renter base within a 3-mile radius. Restaurant, cafe, and park access enhance resident appeal, while recent rent growth and above-median positioning signal steady demand. According to CRE market data from WDSuite, safety readings sit in the top decile nationally with improving year-over-year trends, which can bolster resident retention and operating consistency.
Counterbalancing strengths, lower local home values may create competitive pressure from ownership options, and limited in-neighborhood grocery and pharmacy access means residents rely on nearby corridors. Even so, modest population gains and projected household growth within 3 miles suggest a gradually expanding renter pool that can support occupancy and measured rent advancement over time.
- Neighborhood occupancy among the strongest nationally supports leasing stability
- Competitive food-and-beverage and parks access strengthen resident appeal
- Favorable safety trends and top-decile national standing aid retention
- 3-mile population and household growth expands the renter pool
- Risk: lower home values and limited essential retail nearby may pressure pricing power