| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Good |
| Demographics | 9th | Poor |
| Amenities | 9th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16800 5th St, Huron, CA, 93234, US |
| Region / Metro | Huron |
| Year of Construction | 1994 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16800 5th St Huron CA Multifamily Investment
High renter concentration in the neighborhood supports a deeper tenant base, while occupancy trends sit below the Fresno metro average, according to WDSuite s CRE market data.
Located in Huron within the Fresno, CA metro, the area surrounding 16800 5th St skews renter-oriented, with a high share of housing units that are renter-occupied. This supports demand depth for a 35-unit asset and can aid leasing velocity and retention for multifamily investors. Neighborhood occupancy ranks below the metro median among 246 Fresno neighborhoods, so underwriting should assume active leasing and asset management to maintain stability.
The property s 1994 vintage is older than the neighborhood s average construction year (2001), pointing to potential capital planning needs and value-add or modernization upside to compete with newer stock. Contract rents in the neighborhood track below national medians (ranked in the lower third nationally), which can help with rent-to-income positioning and reduce near-term affordability pressure relative to higher-cost submarkets.
Amenities are limited locally (amenity measures sit in the lower deciles nationally), and school ratings trail metro norms, so resident appeal leans more toward workforce housing and value-focused renters than lifestyle-driven demand. Housing indicators, however, are above the national median, and the neighborhood ranks as Suburban with competitive fundamentals versus similar peripheral areas across the country.
Within a 3-mile radius, recent population growth and an increase in households point to a larger tenant base ahead, with projections through 2028 indicating further renter pool expansion. In a high-cost ownership context relative to local incomes (value-to-income metrics rank in the upper national percentiles), elevated ownership costs tend to sustain reliance on rental housing, supporting occupancy stability and pricing power over a longer horizon.
Neighborhood-level crime data for this area are not available in WDSuite for the current release. Investors typically benchmark safety using Fresno metro comparisons and on-the-ground diligence (local law enforcement briefings and recent trend reports) to gauge relative risk and resident retention implications.
Regional employment access is tied to corporate offices serving the Central Valley s food and consumer goods economy, which can support workforce renter demand and commuting convenience. Nearby examples include:
- Con Agra Foods corporate offices (22.4 miles)
This 35-unit, 1994-vintage asset in Huron benefits from a renter-heavy neighborhood that supports a deeper tenant base, while occupancy trends sit below the Fresno metro average and warrant hands-on leasing strategy. Based on CRE market data from WDSuite, ownership remains relatively costly versus local incomes in this area, which reinforces sustained reliance on rentals; meanwhile, rents track on the lower end nationally, offering room to manage affordability pressure while improving resident retention.
Vintage positioning suggests value-add potential via renovations and system upgrades to compete with newer stock in the Fresno metro. Demographic indicators within a 3-mile radius point to population growth and more households over the next several years, expanding the prospective renter pool and supporting long-term occupancy and cash flow durability, albeit with amenity-light surroundings that position the asset toward workforce demand rather than lifestyle renters.
- Renter-heavy neighborhood supports demand depth and lease-up stability.
- 1994 vintage offers value-add and modernization upside versus newer competing stock.
- Lower relative rents with high-cost ownership context can aid retention and pricing management.
- 3-mile demographics indicate population and household growth, expanding the renter pool.
- Risks: below-metro occupancy ranking and limited nearby amenities require active asset and leasing management.