| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Fair |
| Demographics | 20th | Poor |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1239 Faller Ave, Sanger, CA, 93657, US |
| Region / Metro | Sanger |
| Year of Construction | 1985 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1239 Faller Ave Sanger Multifamily Investment
This 37-unit property built in 1985 benefits from a neighborhood with strong rental tenure and above-average occupancy rates. The area ranks in the top quartile nationally for childcare access, supporting family-oriented renter demand in Fresno County's Sanger market.
Located in Sanger's inner suburb environment, this neighborhood demonstrates solid rental fundamentals with 54.2% of housing units occupied by renters, ranking in the top decile among 246 metro neighborhoods. The area maintains a 92.1% occupancy rate, though this represents a modest decline from prior years. Demographics within a 3-mile radius show a stable population of approximately 27,300 with moderate growth projected through 2028.
The 1985 construction year aligns closely with the neighborhood average of 1959, suggesting consistent building stock that may present value-add opportunities through strategic renovations and unit improvements. Median contract rents of $893 reflect affordable housing costs, though rent-to-income ratios indicate potential affordability pressure for some tenant segments.
Amenity access varies significantly, with strong childcare density ranking 14th among metro neighborhoods but limited grocery and pharmacy options within walking distance. The area benefits from above-average park access and restaurant density, supporting tenant retention through quality-of-life factors. School ratings average 2.25 out of 5, which may influence family renter preferences and lease duration patterns.
Forward-looking demographics project household income growth from a current median of $65,422 to over $100,000 by 2028, potentially supporting rent growth and tenant stability. However, projected shifts toward higher ownership rates could create competitive pressure for multifamily properties as the market evolves.
Property crime rates in this neighborhood rank favorably at 20th among 246 metro neighborhoods, placing it in the top decile for property safety. Violent crime rates also perform well, ranking 27th regionally and achieving the 80th percentile nationally. These metrics support tenant retention and property value stability.
However, recent crime trend data shows increases in both property and violent offense rates over the past year, with property offenses rising 135% and violent offenses up 142.8%. While the absolute rates remain relatively low compared to regional averages, investors should monitor these trends as they could impact tenant perceptions and lease renewal rates.
The broader Fresno metro area provides employment stability through major corporate presences, though most significant employers are located beyond immediate commuting distance from Sanger.
- Con Agra Foods — food processing and manufacturing (32.2 miles)
- International Paper — paper and packaging manufacturing (34.2 miles)
This 37-unit property represents a solid cash-flowing asset in a neighborhood that demonstrates above-average rental tenure and occupancy fundamentals. Built in 1985, the property offers potential value-add opportunities through unit renovations and common area improvements. The area's strong childcare infrastructure and family-oriented demographics support stable tenant demand, while projected income growth within the 3-mile radius could enable modest rent increases over time.
According to CRE market data from WDSuite, the neighborhood ranks favorably for safety metrics and maintains competitive occupancy rates despite recent softening. However, investors should consider the distance to major employment centers and monitor evolving crime trends that could impact long-term tenant retention and property performance.
- Strong rental tenure with 54% renter-occupied units ranking top decile regionally
- Above-average occupancy rates at 92.1% supporting cash flow stability
- 1985 vintage presents value-add renovation opportunities
- Projected household income growth to $100K+ by 2028 supports rent growth potential
- Distance from major employment centers and recent crime increases require monitoring