| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 13th | Poor |
| Amenities | 7th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1100 2nd St, Mendota, CA, 93640, US |
| Region / Metro | Mendota |
| Year of Construction | 1994 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1100 2nd St Mendota 44-Unit Multifamily Opportunity
Neighborhood occupancy is resilient and renter demand is deep, according to WDSuite’s CRE market data, supporting stable leasing for well-managed assets in Mendota.
This Mendota suburban pocket shows strong rental housing fundamentals for investors focused on stable occupancy. The neighborhood’s occupancy is competitive among Fresno neighborhoods (ranked 89 of 246) and sits in the top quintile nationally, indicating durable demand at the neighborhood level rather than property-specific performance, based on WDSuite’s CRE market data.
Renter-occupied share is elevated for the neighborhood at 58.8% (ranked 55 of 246; 93rd percentile nationally), signaling a sizable tenant base and supporting day‑to‑day leasing and renewal velocity. Median contract rents in the area remain modest relative to major coastal markets, which can help sustain occupancy while leaving room for measured rent growth management.
Within a 3-mile radius, demographics point to a larger tenant pool: population grew over the past five years and households increased at a faster pace, with forecasts indicating further household growth and smaller average household sizes. For multifamily owners, this trend generally expands the renter pool and can support occupancy stability and ongoing demand for units.
The property’s 1994 vintage is slightly newer than the neighborhood’s average construction year (1989), offering relative competitiveness versus older stock. Investors should still plan for selective system upgrades and unit refreshes typical of 1990s assets to capture value-add upside and reduce near-term capex surprises.
Local amenities are limited at the block level (few cafes, restaurants, parks, and pharmacies in the immediate neighborhood), while grocery access is present but sparse. School ratings in the neighborhood track below national midpoints. For investors, this profile suggests demand is driven more by essential services and proximity to employment in the broader region than by lifestyle amenities, with pricing power tied to affordability and family-oriented housing needs.
Neighborhood-level crime measurements are not available in WDSuite for this area at this time. Investors typically benchmark safety using city and county trendlines and on-the-ground diligence to understand patterns at the neighborhood scale. Use comparative context rather than block-level assumptions when underwriting.
Regional employment is supported by food processing and related corporate operations that can contribute to workforce housing demand and commute convenience for renters.
- Con Agra Foods — food processing corporate offices (23.3 miles)
This 44‑unit, 1994‑built asset in Mendota benefits from a renter-heavy neighborhood, competitive occupancy, and household growth within a 3‑mile radius. The vintage positions the property ahead of older local stock, while still allowing for targeted upgrades to enhance rentability and control near‑term capex. According to CRE market data from WDSuite, neighborhood occupancy trends are strong versus many peer areas, and elevated ownership costs relative to local incomes reinforce reliance on rental housing, which can support retention and steady leasing.
Looking forward, projected increases in household counts alongside smaller household sizes suggest an expanding renter pool and support for stable occupancy. Amenity scarcity and below-average school ratings in the neighborhood place a premium on affordability and unit quality, making disciplined operations, value‑add execution, and precise lease management important to capture demand and maintain performance.
- Renter-heavy neighborhood supports a deeper tenant base and renewal stability.
- Competitive neighborhood occupancy with room for disciplined rent management.
- 1994 construction offers relative competitiveness with targeted value‑add potential.
- 3‑mile radius shows growing households and a larger renter pool, aiding lease-up.
- Risks: limited nearby amenities and lower school ratings require careful pricing and retention strategies.