| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 27th | Fair |
| Amenities | 22nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 333 Kern St, Kingsburg, CA, 93631, US |
| Region / Metro | Kingsburg |
| Year of Construction | 1986 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
333 Kern St, Kingsburg CA Multifamily Investment Thesis
Neighborhood fundamentals point to steady renter demand and manageable affordability pressure, according to WDSuite’s CRE market data, supporting long-run income durability for a 100-unit asset in suburban Fresno County.
Kingsburg’s suburban setting offers everyday convenience more than lifestyle density. Neighborhood data show grocery access compares favorably to many areas nationally (around the 70th percentile), while dining options track modestly above average. By contrast, parks, pharmacies, cafes, and childcare appear sparse locally, so residents likely rely on nearby corridors for a fuller amenity mix. For investors, this typically supports workforce housing positioning rather than premium, amenity-driven rent premiums.
Neighborhood occupancy is above the national median and has been broadly stable in recent years, which can help underpin income consistency through cycles. These occupancy and vacancy indicators are measured for the neighborhood, not the property, and suggest demand is steady for well-managed multifamily product.
Within a 3-mile radius, the renter-occupied share is roughly one-third of housing units, indicating a moderate renter concentration and a viable tenant base for a 100-unit community. Household counts have increased over the last five years, and forecasts point to additional growth through 2028, implying a larger tenant pool and support for lease-up and renewal efforts.
Home values in the neighborhood sit modestly above national midpoints, and the rent-to-income relationship tracks on the lower side nationally. For multifamily owners, that mix typically translates to decent pricing power without outsized affordability pressure, which can aid retention and reduce turnover costs over time.
Safety indicators compare favorably at the national level overall. Property-related offense metrics are strong, placing the neighborhood in a high national percentile for safety on that dimension, while violent-offense measures sit above the national median. Recent data do flag an uptick in violent-offense trends year over year, so underwriting should incorporate conservative assumptions and active resident-safety engagement. These signals reflect neighborhood-wide trends rather than conditions at any single property.
Regional employers within commuting distance help sustain renter demand by providing a stable base of industrial and food-processing jobs. Notable examples include International Paper and Con Agra Foods.
- International Paper — paper & packaging (26.0 miles)
- Con Agra Foods — food processing (29.1 miles)
The property’s 1986 vintage offers clear value-add and capital-planning pathways: interiors, common areas, and building systems upgrades can position the asset competitively against slightly newer local stock. Neighborhood occupancy trends sit above national midpoints and have been stable, supporting income durability with prudent leasing management. Home values are elevated versus national medians, and rent-to-income signals are relatively manageable, a combination that can reinforce renter reliance on multifamily housing without severe affordability pressure.
Within a 3-mile radius, population and household growth over the past five years—and projections through 2028—suggest a larger tenant base ahead, which supports occupancy stability and measured rent growth. Based on commercial real estate analysis using WDSuite’s CRE market data, amenity access is serviceable for daily needs but not deep enough to command premium rents, reinforcing a workforce housing thesis focused on operational execution and selective upgrades.
- Stable neighborhood occupancy supports consistent cash flow
- 1986 vintage presents value-add upside via targeted renovations
- Moderate renter concentration within 3 miles provides a reliable tenant base
- Elevated local home values with manageable rent-to-income support pricing power
- Risks: limited nearby amenities and recent violent-offense uptick call for conservative underwriting and strong property operations