| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 10th | Poor |
| Amenities | 19th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13360 E Manning Ave, Parlier, CA, 93648, US |
| Region / Metro | Parlier |
| Year of Construction | 1989 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13360 E Manning Ave Parlier Multifamily Investment
Neighborhood-level data from WDSuite indicates renter-occupied housing is prevalent and occupancy has held relatively stable, supporting leasing durability for a 22-unit asset in Fresno County. This positioning can benefit investors seeking steady operations, according to CRE market data from WDSuite.
Livability is oriented toward everyday convenience rather than lifestyle amenities. Grocery access ranks around the middle of the pack locally, while cafes, parks, and pharmacies are limited in the immediate area; investors should underwrite tenant needs accordingly and consider on-site features that enhance resident retention.
From an investment perspective, the neighborhood s renter-occupied share is high (measured as the share of housing units that are renter-occupied), which points to a deep tenant base for multifamily. The neighborhood s occupancy rate is modestly above national norms and has improved over the past five years, according to WDSuite s CRE market data. Within the Fresno, CA metro, overall neighborhood quality is in the lower tier (ranked 229 among 246 neighborhoods), so performance depends more on property-level execution and basic housing demand than on premium submarket dynamics.
Property vintage matters: this asset was built in 1989 versus a neighborhood average vintage of 1979. Being newer than the surrounding stock can support competitiveness on unit quality and building systems; however, investors should still plan for targeted modernization and system updates typical of late-1980s construction.
Demographic statistics aggregated within a 3-mile radius show a slight population dip in recent years but a projected return to growth by 2028, with households expected to expand meaningfully supporting a larger tenant base and lease-up resilience. Median home values remain relatively accessible for the region, which can create some competition with ownership, yet rent-to-income levels suggest manageable affordability pressure that can support lease retention.
WDSuite does not have neighborhood-specific crime metrics available for this location, so comparative rankings within the Fresno metro (among 246 neighborhoods) are not shown here. Investors typically contextualize safety by reviewing broader city and county trends and assessing property-level measures such as lighting, access control, and visibility along E Manning Ave.
Prudent due diligence includes reviewing recent local police reports, observing activity at different times of day, and aligning onsite management practices with resident expectations to support retention and leasing stability.
Regional employment nodes within commuting distance help support renter demand, notably manufacturing and food processing. The list below highlights nearby employers that can contribute to steady tenant inflows.
- International Paper manufacturing & packaging (29.5 miles)
- Con Agra Foods food processing (30.3 miles)
13360 E Manning Ave is a 22-unit, late-1980s asset positioned in a renter-heavy neighborhood where occupancy has trended steady, according to CRE market data from WDSuite. Newer vintage relative to the area s 1970s average offers a competitive baseline, while the immediate amenity set is thin making on-site features and management execution important drivers of retention.
Within a 3-mile radius, population softened slightly in recent years but is projected to grow, with households expected to expand meaningfully through 2028 a setup that can enlarge the renter pool and support occupancy stability. Home values are comparatively accessible for the region, so underwriting should account for some competition from entry-level ownership, but rent-to-income levels indicate manageable affordability pressure that can support consistent collections.
- Renter-heavy neighborhood supports depth of tenant demand and leasing stability.
- 1989 construction is newer than local average, with potential to outperform older stock after targeted upgrades.
- 3-mile household growth outlook points to a larger renter pool and support for occupancy.
- Manageable rent-to-income dynamics can aid retention and collections.
- Risks: limited nearby amenities, performance reliance on property execution, and some competition from ownership options.