| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Fair |
| Demographics | 19th | Poor |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 301 W Polk St, Coalinga, CA, 93210, US |
| Region / Metro | Coalinga |
| Year of Construction | 1981 |
| Units | 102 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
301 W Polk St, Coalinga CA Multifamily Opportunity
Positioned in an Inner Suburb pocket of the Fresno metro, this 102-unit asset sits in a neighborhood showing stable renter demand and mid-90s occupancy, according to WDSuite s CRE market data.
The neighborhood carries a B rating and ranks 95 out of 246 Fresno metro neighborhoods, making it competitive among Fresno neighborhoods while offering investors a balanced mix of livability and value drivers. Occupancy in the neighborhood trends in the mid-90s and is in the 66th percentile nationally, signaling relatively steady leasing conditions versus many U.S. neighborhoods, based on CRE market data from WDSuite.
Local amenity access is moderate to above metro-median in several categories: cafes and restaurants are comparatively dense for the area (both above the national median), with groceries, parks, and pharmacies also landing above national midpoints. Childcare options are sparse, and average school ratings sit in the bottom decile nationally, which may temper appeal for some family renters and warrants tailored marketing and amenity programming.
Renter-occupied housing accounts for roughly half of neighborhood units and places in a high national percentile for renter concentration, pointing to a deeper tenant base and durable multifamily demand. The value-to-income ratio ranks in the top decile nationally, indicating a higher-cost ownership market context that can reinforce renter reliance on multifamily housing and support lease retention. Rent-to-income sits below national midpoints, suggesting manageable affordability pressure that can aid renewals.
Within a 3-mile radius, recent demographic patterns show modest population growth alongside slightly larger household sizes. Looking ahead, WDSuite s data indicates renter demand should remain supported by a sizable family presence and an expanding upper-income cohort, which can help stabilize occupancy even as households evolve. For an asset built in 1981, the submarket s mix of workforce and family renters provides a broad demand profile for both classic and upgraded unit finishes.
Neighborhood-specific crime data is limited in the current dataset, so investors should review city and county trend lines alongside property-level security practices. Framing safety in comparative terms to the broader Fresno metro and peer submarkets can help calibrate underwriting assumptions without relying on block-level claims.
Regional employment is anchored by food processing and related industries that draw a commuting workforce. This concentration supports renter demand through steady hourly and salaried jobs, with proximity enabling retention for workforce-oriented housing.
- Con Agra Foods food processing (31.1 miles)
Built in 1981, the property is newer than the neighborhood s average vintage and can remain competitive with selective upgrades to interiors, common areas, and building systems. Neighborhood occupancy trends in the mid-90s and sits above national medians, supporting a case for steady leasing and moderate pricing power, according to CRE market data from WDSuite. A high value-to-income ratio in the area suggests a high-cost ownership market that sustains rental demand, while a sizable renter-occupied share points to depth in the tenant base.
Within a 3-mile radius, population has edged higher and household sizes have increased, implying a larger renter pool even as household counts fluctuate. Amenity access is serviceable, with dining, grocery, and park access above national midpoints; childcare is thin and school ratings are low, which merits positioning toward workforce and value-driven segments. Overall, the asset s scale (102 units) and submarket dynamics support an income-focused, light-to-moderate value-add strategy with attention to retention and expense control.
- Mid-90s neighborhood occupancy supports leasing stability and retention
- 1981 vintage offers value-add upside via targeted renovations and system upgrades
- High value-to-income context reinforces multifamily demand and pricing discipline
- 3-mile demographics point to a durable renter base and continued renter pool expansion
- Risks: limited childcare and low school ratings; small-market depth requires conservative lease-up and renewal assumptions