| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 25th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5101 Belle Ter, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1975 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5101 Belle Ter Bakersfield Multifamily Investment
Neighborhood fundamentals point to durable renter demand and occupancy stability at the submarket level, based on CRE market data from WDSuite. The area’s high renter concentration supports consistent leasing, while positioning should be evaluated alongside local safety and school quality.
This Inner Suburb location is rated B+ and is competitive among Bakersfield neighborhoods (ranked 66 out of 247), indicating balanced livability and investment appeal rather than a purely lifestyle-driven play. According to WDSuite’s CRE market data, neighborhood multifamily occupancy trends sit above the national midpoint, which supports income stability for well-managed assets; note that this refers to neighborhood-level occupancy rather than the property.
Local amenity access is a relative strength: grocery, restaurants, parks, and pharmacies score in higher national percentiles, while cafes and childcare are lighter. Schools trend below national mid-point, so positioning may favor workforce housing over family-driven premiums. Renter-occupied housing units account for a large share in the neighborhood (ranked 14 of 247 metro neighborhoods, a top-tier renter concentration), which deepens the tenant base and generally supports absorption and retention.
Within a 3-mile radius, recent population and household counts have been broadly steady, with WDSuite’s projections indicating meaningful growth in both households and incomes over the next five years. That outlook implies a larger tenant base and supports occupancy stability and leasing velocity as new renters enter the market.
Home values are comparatively accessible for the metro but sit at a higher value-to-income ratio nationally, which tends to reinforce reliance on rental options. Combined with mid-tier neighborhood rents and a rent-to-income profile that requires routine lease management, the setup favors stable renter demand with measured pricing power rather than outsized rent spikes.
Safety indicators for the neighborhood are below both metro and national averages. The area ranks 218 out of 247 Bakersfield neighborhoods for crime, and its national safety percentile is low, signaling elevated incident levels relative to many U.S. neighborhoods. Recent year-over-year movement in both property and violent offense estimates points to near-term variability, so underwriting should incorporate conservative assumptions for security measures and insurance.
Investors often mitigate these risks through operational focus (lighting, access control, and resident engagement) and by calibrating expense and loss assumptions to neighborhood rather than block-level anecdotes.
The location draws from a diverse employment base within a reasonable commute, supporting workforce housing demand and resident retention at stabilized properties.
5101 Belle Ter offers scale at 80 units in a Bakersfield Inner Suburb where neighborhood occupancy trends remain solid and the renter-occupied share is notably high, supporting depth of demand. According to CRE market data from WDSuite, rents in the area sit near the national mid-point with steady growth, while ownership costs relative to income help sustain reliance on multifamily housing. Near-term performance should center on consistent leasing and retention rather than outsized rent premiums.
Demographic data aggregated within a 3-mile radius points to rising household counts and income growth over the next five years, which should expand the tenant base and support occupancy stability. Amenity access is favorable for daily needs (grocery, restaurants, parks, pharmacies), though school quality and safety metrics trail broader benchmarks—factors to reflect in operations and expense planning rather than as thesis breakers.
- High neighborhood renter concentration supports absorption and retention
- Occupancy trends above national midpoint underpin income stability
- 3-mile household and income growth expand the tenant base
- Everyday amenities nearby enhance leasing appeal for workforce housing
- Risks: below-average safety and school ratings warrant conservative underwriting