| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Good |
| Demographics | 47th | Good |
| Amenities | 34th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1032 J St, Reedley, CA, 93654, US |
| Region / Metro | Reedley |
| Year of Construction | 1992 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1032 J St, Reedley CA Multifamily Investment
Neighborhood occupancy of 96.6% and a renter concentration near 43% point to steady multifamily demand in Reedley, according to WDSuite’s CRE market data.
Located in an Inner Suburb setting of the Fresno, CA metro, the neighborhood carries a B+ rating and ranks 72 out of 246 locally, indicating it is competitive among Fresno neighborhoods. Occupancy runs at 96.6% (top quintile nationally), supporting stable lease-up and retention dynamics for multifamily investors.
Within a 3-mile radius, demographic data show a large working-age base with gradual shifts toward smaller average household sizes projected by 2028. WDSuite data indicate rising household incomes alongside a projected increase in household counts, which together suggest a larger tenant base and support for rent growth and occupancy stability.
The area’s renter-occupied share is about 42.7%, signaling a meaningful pool of tenants for a 28‑unit asset. Median home values are elevated for the region and, paired with a value-to-income ratio in a high national percentile, this high-cost ownership market tends to reinforce reliance on rentals—supporting pricing power and lease retention, especially when paired with a rent-to-income ratio that remains manageable for many renters.
Amenities are mixed: grocery access tests above the national median, while parks, pharmacies, and cafes are limited in immediate proximity. Schools average roughly 3.0 out of 5 and sit above the national median, which can aid broader neighborhood livability even if discretionary amenities are thinner than core Fresno submarkets. For property positioning, the asset’s 1992 construction is newer than the neighborhood’s average vintage (1964), offering relative competitiveness versus older stock while leaving room for targeted modernization.
Safety indicators compare favorably at the national level, with the neighborhood sitting in the top quintile nationwide. Recent WDSuite trends show estimated violent offenses declining sharply year over year, and property-related offenses improving as well. These directional improvements, while not uniform block to block, are constructive context for leasing and retention assumptions.
Compared with many neighborhoods nationally, the current readings suggest a relatively resilient safety profile. Investors should still underwrite to property-level security measures and management practices, but the trajectory and comparative standing are supportive rather than a drag on demand.
Employment access is driven by regional industrial and food-processing employers that broaden the renter pool and help stabilize occupancy, notably International Paper and Con Agra Foods within commuting distance.
- International Paper — packaging & manufacturing (25.4 miles)
- Con Agra Foods — food processing (35.5 miles)
This 28‑unit asset built in 1992 offers relative competitive positioning versus older neighborhood stock, with scope for selective value-add to systems and finishes. Neighborhood occupancy of 96.6% and a renter-occupied share near 43% point to a durable tenant base, while elevated ownership costs in the area support sustained reliance on multifamily. According to CRE market data from WDSuite, the neighborhood rates competitively within the Fresno metro and trends show improving safety metrics, which can aid leasing consistency.
Within a 3‑mile radius, WDSuite indicates projections for increasing household counts and higher incomes by 2028 alongside smaller average household sizes—factors that typically expand the renter pool and support pricing power. Amenities are serviceable for daily needs (notably grocery), though limited park, pharmacy, and cafe options suggest investors should emphasize on-site features and management quality to bolster retention.
- 1992 vintage offers competitive positioning vs. older stock with targeted modernization potential
- Strong neighborhood occupancy (96.6%) supports leasing stability and retention
- Renter concentration near 43% and elevated ownership costs reinforce multifamily demand
- 3‑mile projections point to more households and higher incomes, expanding the tenant base
- Risk: thinner parks/cafes and longer commutes to major employers require strong on-site amenities and management